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WINSTONCH [101]
3 years ago
9

Why does the term debit not always mean increase and credit does not always mean increase.

Business
1 answer:
GrogVix [38]3 years ago
3 0
Sometimes you will use Debit to increase an account (ie: Assets) and sometimes you will use Credits to increase an account (ie: Liabilities)
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Hello <span>Wahsorad4380 </span>



Question: The bretton woods agreement incorporated all of these features except ________.<span>

Answer: floating exchange rates


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Answer:

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Elodia [21]

Answer:

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X company

Income statement ( parochial)

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In that case, we do not use Income tax expense, Operating expenses, Deferred revenues, Non-operating revenues because those will be needed when we will calculate the net income.

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