For each of the following accounts, indicate whether a debit or credit is used to increase (+)
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For each of the following accounts, indicate whether a debit or credit is used to increase (+) or decrease (–) the balance of the account. The solution for the first one is provided as anexample.
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Account Debit Credit Asset Liability Common Stock Retained Earnings Dividend Revenue Expense
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Related Book For
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
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