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When using T-accounts, the debit side of an account depends on whether the account is an asset, liability, or stockholders' equity can be either side

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When using T-accounts, the debit side of an account depends on whether the account is an asset, liability, or stockholders' equity can be either side of the account depending on how the accountant set up the system is the right side of the account is the left side of the account Question 10 (5 points) The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Total assets are $10,000 58,000 $9,700 59,800

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