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1. Provide the names of 2 asset accounts and indicate the increase side, debit or credit. 2. Provide the names of 2 liability accounts
1. Provide the names of 2 asset accounts and indicate the increase side, debit or credit. 2. Provide the names of 2 liability accounts and indicate the increase side, debit or credit. 3. Provide the names of 2 equity accounts and indicate the increase side, debit or credit. 4. Where do Revenue and Expense accounts affect the Accounting Equation: A = L+E?
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Government and Not for Profit Accounting Concepts and Practices
Authors: Michael H. Granof, Saleha B. Khumawala
6th edition
978-1-119-4958, 9781118473047, 1118155971, 1118473043, 978-1118155974
