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A decrease in a liability is recorded by a debit
A decrease in a liability is recorded by a debit True or false: 1. Column totals are called footings. 2. A decrease in a liability is recorded by a debit. 3. An increase in an asset is recorded by a debit. 4. The double-entry system is possible because all business transactions have two equal and opposite aspects. 5. A decrease in the Owner's Capital account is recorded with a credit. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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30 May 2016
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A decrease in a liability is recorded by a debit
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