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Property, Plant and Equipment (PPE) is decreased with a: Debit Credit Both debit and credit Neither debit nor credit Rent Expense is increased with a:

Property, Plant and Equipment (PPE) is decreased with a:

Debit

Credit

Both debit and credit

Neither debit nor credit

Rent Expense is increased with a:

Debit

Credit

Both debit and credit

Neither debit nor credit

Additional Paid in Capital (APIC) is decreased with a:

Debit

Credit

Both debit and credit

Neither debit nor credit

Accumulated Depreciation is increased with a:

Debit

Credit

Both debit and credit

Neither debit nor credit

Sales Revenue is increased with a:

Debit

Credit

Both debit and credit

Neither debit nor credit

Total Owners Equity = Contributed Capital + X + Other Comprehensive Income Treasury Shares

What account is X in the above equation?

Net Income

Retained Earnings

Investments

Common Stock

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