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DEAD CLIC Part 2 – Dealing with Debits and Credits

DEAD CLIC Part 2 – Dealing with Debits and Credits

by AccountExamPrep | Oct 31, 2024 | Accounting Concepts

Debits and Credits Part Two (DEAD CLIC) Last time we looked at a major source of debit entries:  Assets.  This time, we shall explore Liabilities, Expenses and Income. As a quick reminder, this is how the main types of transactions line up as either debit or...

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