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ACC 290 Week 1 Discussion Question 2
Click Here For Answers
http://acc290.com/index.php?route=product/category&path=20


What are debits and credits? How are debits and credits used to
record business transactions? Why do accountants debit asset
accounts to increase them but credit liability accounts to increase
them? Why do accountants debit expenses to increase them but
credit revenues to increase them?

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Acc 290 week 1 discussion question 2

  • 1. ACC 290 Week 1 Discussion Question 2 Click Here For Answers http://acc290.com/index.php?route=product/category&path=20 What are debits and credits? How are debits and credits used to record business transactions? Why do accountants debit asset accounts to increase them but credit liability accounts to increase them? Why do accountants debit expenses to increase them but credit revenues to increase them?