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A posting to the debit side of a ledger account will, where applicable, always have the effect of A. a decrease in the amount of
A posting to the debit side of a ledger account will, where applicable, always have the effect of
A. a decrease in the amount of an expense account.
B.a decrease in the amount of an income account.
C.a decrease in the amount of a nominal account
D.an increase in the balance of a liability account.
E.a decrease in the balance of an asset account.
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