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An accountant has debited an asset account for $2,000 and credited an expense account for $4,000. Which of the following would be the correct way
An accountant has debited an asset account for $2,000 and credited an expense account for $4,000. Which of the following would be the correct way to complete the recording of the transaction?
| Credit an asset account for $4,000. |
| Credit a liability account for $2,000. |
| Credit a shareholders equity account for $2,000. |
| Debit a shareholders equity account for $2,000. |
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