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Hello, Can someone please help me with this as soon as possible? Thank you. Question 2 Question 2 (5 Marks) Not yet saved Marked out

Hello,

Can someone please help me with this as soon as possible?

Thank you.

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Question 2 Question 2 (5 Marks) Not yet saved Marked out of One of your best friends has just started an accounting course at university. After his first lesson on 'double-entry accounting' your friend approaches you and says: "I don't understand why the banks use the term 'credit' when you deposit cash in your bank account because cash is an asset, and increase in 5.00 cash should be 'debit' not 'credit'. I think the banks are misusing the word 'credit' It doesn't comply with double-entry accounting." Flag Do you agree with your friend? Explain. (Word limit: at least 50 words) question A - BUI ! 8 6 - FY

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