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A debit may signify a. Increase in asset account b. Decrease in asset account c. Increase in liability account d. Increase in stockholder equity A
A debit may signify
a. Increase in asset account
b. Decrease in asset account
c. Increase in liability account
d. Increase in stockholder equity
A debit balance in which of the following accounts would indicate a likely error?
A. Accounts receivable
B. Cash
C. Earned fees
D. Miscellaneous expense
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