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1) The accounting equation has 6 account types: Assets = Liabilities + Capital - Withdrawals + Revenue - Expenses List these 6 account types in
1) The accounting equation has 6 account types: Assets = Liabilities + Capital - Withdrawals + Revenue - Expenses List these 6 account types in the following table to show which of these increases as a debit and which increase as a credit (3): 2) An account had a starting debit balance of $350. There were debit postings of $400 and credit postings of $200 during the month. The ending balance is A) $550 debit. B) $450 credit. C) $950 debit. D) $200 debit. 3) The beginning balance in the Equipment account was $2,500. The company purchased an additional $500 worth of computers. The balance in the Equipment account is A) debit of $2,000
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