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Other Fields Homework Help Accounting Topic started by: majestico on Jun 5, 2017



Title: The business incurred an expense and paid it immediately. To record this:
Post by: majestico on Jun 5, 2017
The business incurred an expense and paid it immediately. To record this:
A) an expense is debited and an asset is credited.
B) an expense is debited and a liability is credited.
C) an asset is debited and asset is credited.
D) None of these is correct.


Title: Re: The business incurred an expense and paid it immediately. To record this:
Post by: Ompa on Jun 5, 2017
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