The following table summarizes the rules of debit and credit. For each of the items (a) through
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Normal Balance Increase Decrease Balance sheet accounts Asset Liability Owner's equity: Credit Credit Capital Drawing Credit (g Debit Income statement accounts Revenue Expense Debit Debit
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a Debit b Debit c Cred...View the full answer
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Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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