If a transaction has the effect of decreasing an asset, is the decrease recorded
as a debit or as a credit? If the transaction has the effect of decreasing a
liability, is the decrease recorded as a debit or as a credi
Why are the rules of debit and credit same for both liability and capital
Why is the evidence provided by source documents important to accounting
What is a journal? Give a specimen of journal showing at least five entrie
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