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Double Entry Principles., Account, Account, To record increase in capital.…
Double Entry Principles.
Double Entry Principles for Assets,Liabilities and Capital
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Account
Debit
- To record decrease in liabilities.
- To record increase in assets
- To record decrease in capital.
Credit
- To record decrease in asset.
Account
Credit
- To record decrease in expenses.
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Debit
- to record increase in expenses.
- To record decrease in revenue.
- To record increase in capital.
- To record increase in liabilities.
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