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7 All liability and equity accounts are increased on the debit side and decreased on the credit side. Select one: True out of False question
7 All liability and equity accounts are increased on the debit side and decreased on the credit side. Select one: True out of False question n 8 Which basic assumption is used when Palestine co.purchased 1000 meters of land and not recorded the transaction? ed out of question Select one: a. Periodicity assumption O b. Monetary unit assumption C. Going concern assumption. d. Economic entity assumption
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