Accounting Communication Activity Jason Timmons is struggling with some accounting concepts and has come to you for
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Accounting Communication Activity Jason Timmons is struggling with some accounting concepts and has come to you for help. In particular he does not understand what is meant by a debit and a credit. He was especially confused when he learned that sometimes debits result in account increases and sometimes debits result in account decreases.
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Write a short memorandum to Jason that explains what is meant by debits and credits as it applies to accounts used by a company.
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