The term debit means: a. Increase b. An entry that increases asset, expense, and owners equity accounts
Question:
The term debit means:
a. Increase
b. An entry that increases asset, expense, and owner’s equity accounts
c. A transaction that is recorded in a journal
d. An entry to transfer a journal entry to ledger accounts
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Related Book For
Fundamental Accounting Principles Volume I
ISBN: 978-1260305821
16th Canadian edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
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