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Name: Are expenses of any kind a Debit account? Are they, a debit account b
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Description: Are expenses of any kind a Debit account? Are they, a debit account because Owner's Equity is a Credit account? Is there ever a situation where expenses would be credited instead of debited?

Business

Accounting

Are expenses of any kind a Debit account? Are they, a debit account because Owner's Equity is a Credit account? Is there ever a situation where expenses would be credited instead of debited?

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter5: Managing Checking And Savings Accounts

Section: Chapter Questions

Problem 1LTAI

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