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A bookkeeper has debited an account for $6,900 and credited a liability account for $3,700. Which of the following would be an incorrect way to
A bookkeeper has debited an account for $6,900 and credited a liability account for $3,700. Which of the following would be an incorrect way to complete the recording of this transaction:
Debit another asset account for $3,200.
Credit the owner's capital account for $3,200.
Credit another liability account for $3,200.
Credit an expense account for $3,200.
Credit another asset account for $3,200.
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