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Chapter 3 Analyzing Transactions into Debit and Credit Parts

Chapter 3 Analyzing Transactions into Debit and Credit Parts. T- Account. Assets = Liabilities + Owners Equity. Each account receives a T-Account so that we may analyze the balance of the account. Analyzing the T-Account. Left Side. Right Side. Debit. Credit.

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Debit rent exp - PowerPoint PPT Presentation

Chapter 3 Analyzing Transactions into Debit and Credit Parts