If an accounting information system records increases to assets and expenses as positive numbers and increases to
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If an accounting information system records increases to assets and expenses as positive numbers and increases to liabilities and revenues as negative numbers, will the total of all accounts on the trial balance be positive or negative? Explain your answer.
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Related Book For
Financial Accounting A Decision Making Approach
ISBN: 9780471328230
2nd Edition
Authors: Thomas E. King, Valdean C. Lembke, John H. Smith
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