Select each statement either the word debit or credit 1 An asset account is increased with a the accoun 2 Owner's equity is increased with a 3 To place an amount on the left hand side of the T account is to 4 The prepaid insurance account is increased by entering a 5 The drawing account is decreased by entering a 6 The accounts payable account is decreased with a 7 The owner's capital account is increased with a 8 The wages expense account is increased with a 9 The fees earned account is increased with a 10 The equipment account is decreased with a

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Select each statement either the word  debit  or  credit   1  An asset account is increased with a the accoun 2  Owner's equity is increased with a 3  To place an amount on the left hand side of the T account is to 4  The prepaid insurance account is increased by entering a 5  The drawing account is decreased by entering a 6  The accounts payable account is decreased with a 7  The owner's capital account is increased with a 8  The wages expense account is increased with a 9  The fees earned account is increased with a 10  The equipment account is decreased with a

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Question: Select each statement either the word debit or credit. 1. An asset account is increased with a the accoun 2. Owner's equity is increased with

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