5. State the rules of debit and credit as applied to (a) asset accounts, (b) liability accounts,...

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5. State the rules of debit and credit as applied to

(a) asset accounts,

(b) liability accounts, and

(c) the stockholders’

equity accounts (revenues, expenses, dividends, common stock, and retained earnings).

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Financial Accounting

ISBN: 9780470128848

6th Edition

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

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