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1) The classification and normal balance of the drawing account is.... a liability with a credit balance OR owner's equity with a debit balance? 2.)How
1) The classification and normal balance of the drawing account is....
a liability with a credit balance OR owner's equity with a debit balance?
2.)How does the purchase of equipment by signing a note affect the accounting equation?
assets increase; liabilities decrease OR assets increase; liabilities increase
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Fundamental Accounting Principles Volume 1
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
15th Canadian Edition
