Your new roommate, Susan, is confused. She has just received a notice from her bank indicating her
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Your new roommate, Susan, is confused. She has just received a notice from her bank indicating her account has been debited for the cost of new checks. This has reduced her cash account. Susan just learned in her introductory accounting class that debiting Cash increases the account. She wonders why the bank has reduced her account by debiting it. How can you help Susan understand this situation?
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Related Book For
Survey Of Accounting
ISBN: 9780538846172
1st Edition
Authors: James D. Stice, W. Steve Albrecht, Earl Kay Stice, K. Fred Skousen
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