Slide8 - Ledger Accounts Asset accounts have left-side...

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Unformatted text preview: Ledger Accounts - Asset accounts have left-side balances — Entries on the left side increase asset account balances — Entries on the right side decrease them - Liabilities and owners” equity accounts have right-side balances — Entries on the right side increase their balances — Entries on the left side decrease them ...
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