Why are revenues increased by credits and expenses increased by debits?
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Why are revenues increased by credits and expenses increased by debits?
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In accounting the terms debit and credit do not necessarily correspond to an increase or decrease in ...View the full answer
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Related Book For
An Introduction To Accounting And Managerial Finance A Merger Of Equals
ISBN: 9789814273824
1st Edition
Authors: Harold JR Bierman
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