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Which of the following applications of the rules of debit and credit is correct? a.Increase Equipment with a debit and the normal balance is a
Which of the following applications of the rules of debit and credit is correct?
a.Increase Equipment with a debit and the normal balance is a debit.
b.Decrease Prepaid Insurance with a credit and the normal balance is a credit.
c.Decrease Cash with a debit and the normal balance is a credit.
d.Increase Accounts Payable with a credit and the normal balance is a debit.
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