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C. Represent Two-directed changes of accounting objects D. Make sure the double entry bookkeeping system to be satisfied. 3. Design of asset accounts is reverse

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C. Represent Two-directed changes of accounting objects D. Make sure the double entry bookkeeping system to be satisfied. 3. Design of asset accounts is reverse that of claims on asset accounts. This is based on A. Diversity of accounting objects B. Management requirement C. Two-directed changes of accounting objects D. To make sure the double entry bookkeeping system to be satisfied. 4. Increasing value of assets are recorded on A. Debit side of asset accounts B. Credit side of asset accounts C. Debit side of owner's equity and liability accounts D. Credit side of owner's equity and liability accounts 5. Decreasing value of assets are recorded on A. Debit side of asset accounts B. Credit side of asset accounts C. Debit side of owner's equity and liability accounts D. Credit side of owner's equity and liability accounts 6. Increasing value of liability and owner's equity accounts are recorded on A. Debit side of asset accounts B. Credit side of asset accounts C. Debit side of owner's equity and liability accounts D. Credit side of owner's equity and liability accounts 7. Decreasing value of liability and owner's equity accounts is recorded on A. Debit side of asset accounts B. Credit side of asset accounts C. Debit side of owner's equity and liability accounts D. Credit side of owner's equity and liability accounts 8. Asset and liability (or owner's equity) increase at the same amount will cause A. Total asset and total liability remain constant B. The percentage of each asset and liability (or equity) change C. Total asset and total liability increase in the same amount D. B&C

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