ACC 281 Week 2 discussion 1

Jul 20th, 2016
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Ashford University
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Explain how debits and credits are posted and the types of accounts that are impacted by each of these transactions. In other words, do debits impact assets and if so, does the debit increase or decrease that account?

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Explain how debits and credits are posted and the types of accounts that are impacted by each ofthese transactions. In other words, do debits impact assets and if so, does the debit increase ordecrease that account?A debit is an accounting entry that either increases an asset or expense account,

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