State the rules of debit and credit as applied to (a) asset accounts, (b) liability accounts, (c) the share capital account, (d) revenue accounts, (e) expense accounts and (f) dividend account.
State the rules of debit and credit as applied to (a) asset accounts, (b) liability accounts, (c) the share capital account, (d) revenue accounts, (e) expense accounts and (f) dividend account.
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter9: Sales And Purchases
Section: Chapter Questions
Problem 6QY
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State the rules of debit and credit as applied to (a) asset accounts, (b) liability accounts, (c) the share capital account, (d) revenue accounts, (e) expense accounts and (f) dividend account.
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