Quiz 3: Analyzing Business Transactions Using T Accounts
Expense Accounts Are Increased by ____________________ the Accounts
Expense accounts are increased by ____________________ the accounts.
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When equipment is purchased for cash,the accountant enters an amount on the left side of the ____________________ account.
A(n)____________________ account is used to record increases in owner's equity from the sale of goods or services.
The difference between the debit and credit side of an account is called the account ___________________.
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