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Fill in the Blanks Topic = Analyzing and recording Transactions T-Accounts A. Abbreviated form of a formal account & used as a tool in showing

Fill in the Blanks
Topic = Analyzing and recording Transactions
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T-Accounts A. Abbreviated form of a formal account \& used as a tool in showing the effects of transactions on specific accounts B. Format C. Accounts are assigned balance sides based on type or classification 1. To increase an account-place amount on its balance side 2. To decrease an account - place amount on side its normal balance side

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