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An accountant has debited an asset account for $700 and credited a liability account for $300. What can be done to complete the recording of
An accountant has debited an asset account for $700 and credited a liability account for $300. What can be done to complete the recording of the transaction? Nothing further must be done. Debit a stockholders' equity account for $400. Credit a different asset account for $400. Debit another asset account for $400
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