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A Classmate Is Considering Dropping His Accounting Class Because He

Question 203

Essay

A classmate is considering dropping his accounting class because he cannot understand the rules of debits and credits.
a. Can the student be successful in the course without an understanding of the rules of debits and credits?
b. Explain the rules of debits and credits in a way that will help him understand them.

Correct Answer:

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a. Accounting is based on the double-ent...

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