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Double entry 2nd yr
| Question | Answer |
|---|---|
| assets increase on the ____ side and decrease on the ______ side | Increase on the debit and decrease on the credit |
| Purchases go on which side | debit side |
| Sales go on which side | credit side |
| liabilities increase on the ___________ side and decrease on the _______ side | increase on the credit and decrease on the debit |