Listed below are components of several transactions.Indicate whether a debit (dr) or credit (cr) would be required to record the component of the transaction.
-Increase in Cash.
A) cr
B) dr
Correct Answer:
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Q69: Match
-Equipment
A)Current Assets
B)Tangible Assets
C)Investments
D)Intangibles
E)Other
F)Current Liability
G)Long-Term Liability
H)Capital Stock
I)Retained Earnings
J)Item
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