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The double entry book-keeping system, normally results in which of the following balances on the accounts? Debit Balances: assets and expenses Credit Balances: liabilities,
The double entry book-keeping system, normally results in which of the following balances on the accounts? Debit Balances: assets and expenses Credit Balances: liabilities, capital and revenues Debit Balances: assets, expenses and capital Credit Balances: liabilities and revenues Debit Balances: assets and revenues Credit Balances: liabilities, capital and expenses Debit Balances: revenues, capital and liabilities Credit Balances: assets and expenses
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