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You have been nominated by your institution for a seminar because of your proficiency in basic accounting concepts. The participants and audience include college professors, practicing CPAs, and fellow students. The theme of the seminar is Basic Accounting Principles. You have been asked to share whether or not the statement “Debit means decrease and credit means increase” is true? List and discuss the various points that you will share with the audience.
Apr 25 2018 View more View Less
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