In the double-entry system, debit means: о increase. О decrease. О left. О right.
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter16: Accounting For Accounts Receivable
Section: Chapter Questions
Problem 2TF: The matching principle states that debits should be matched with credits.
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![In the double-entry system, debit means:](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff216c630-e0f4-45fe-8a78-82712eb5ccda%2F220e35a5-2e98-4cff-89d3-be299712aa5b%2Fecjk4dp_processed.png&w=3840&q=75)
Transcribed Image Text:In the double-entry system, debit means:
![о
increase.
О
decrease.
О
left.
О
right.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff216c630-e0f4-45fe-8a78-82712eb5ccda%2F220e35a5-2e98-4cff-89d3-be299712aa5b%2Fxrj2wv9_processed.png&w=3840&q=75)
Transcribed Image Text:о
increase.
О
decrease.
О
left.
О
right.
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