Question: ou can never have a debit without a credit. When analyzing transactions, the debits must always equal the credits. 1 . Please give us an
ou can never have a debit without a credit. When analyzing transactions, the debits must always equal the credits.
Please give us an example of a transaction where there are two increases. Note that you will still need to have at least one debit and one credit. Indicate which account will be debited and which will be credited.
Please give us an example of a transaction where there are two decreases. Note that you will still need to have at least one debit and one credit. Indicate which account will be debited and which will be credited.
Please give us an example of a transaction where there is an increase and a decrease. Note that you will still need to have at least one debit and one credit. Indicate which account will be debited and which will be credited.
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