Debits: (a) increase both assets and liabilities. (b) decrease both assets and liabilities. (c) increase assets and

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Debits:

(a) increase both assets and liabilities.

(b) decrease both assets and liabilities.

(c) increase assets and decrease liabilities.

(d) decrease assets and increase liabilities.

(2)

AppendixLO1

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471730514

4th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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