State the rules of debit and credit as applied to (a) asset accounts, (b) liability accounts, and
Question:
State the rules of debit and credit as applied to
(a) asset accounts,
(b) liability accounts, and
(c) the equity accounts (revenue, expenses, dividends, and share capital—ordinary).
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Related Book For
Financial Accounting With International Financial Reporting Standards
ISBN: 9781119787051
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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