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he following table summarizes the rules of debit and credit.
he following table summarizes the rules of debit and credit. Indicate whether the proper answer is a debit or a credit.
Line Item
1 answer
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how can you determine what side is a debit and what side is a credit
A debit is an expense that is paid. A credit is income. The
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Joyce
467 views
Indicate whether a debit or credit decreases the normal balance of each of the following accounts.
Office Supplies- debit Repair
1 answer
asked by
Kim
6,854 views
can u tell me if drawings are a credit or a debit
A credit if sold? A debit if bought? Its they owner taken her wages If you take
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claire
407 views
The journal entry to record a withdrawal by the owner would most commonly include _________
options: a debit to Wage Expense and
1 answer
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Angela
682 views
Linking debit or credit with normal balance
C5 Indicate whether a debit or credit decreases the normal balance of each of the
1 answer
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Christi
849 views
The cash of a business is increased due to a customer paying for services rendered. How should you journalize this transaction?
D
1 answer
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Dontillia
29 views
2. A receipt of cash from a credit customer in payment of his account would be recorded by a:
A debit to cash at bank; credit to
1 answer
49 views
Please double check me.
Indicate whether a debit or credit decreases the normal balance of each of the following accounts. Office
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Kim
837 views
The first entry to liquidate a partnership would probably include
A. a debit to Cash and a credit to Individual Assets Sold. B. a
1 answer
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quick help please
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