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  • Entries Recorded On The Right Side of Any Account Are Called

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    Howard Umbaña
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    Debit entries are recorded on the right side of any account and increase the account balance. Credit entries are recorded on the right side and decrease the account balance. The stable monetary unit concept refers to accountants not recognizing changes in the value of currency over time for accounting purposes.

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    Entries recorded on the right side of any account are called.docx

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    Debit entries are recorded on the right side of any account and increase the account balance. Credit entries are recorded on the right side and decrease the account balance. The stable monetary unit concept refers to accountants not recognizing changes in the value of currency over time for accounting purposes.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    7 views1 page

    Entries Recorded On The Right Side of Any Account Are Called

    Uploaded by

    Howard Umbaña
    Debit entries are recorded on the right side of any account and increase the account balance. Credit entries are recorded on the right side and decrease the account balance. The stable monetary unit concept refers to accountants not recognizing changes in the value of currency over time for accounting purposes.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Entries recorded on the right side of any account are called

    Debit
    Increases
    Credit
    Decreases

    Accountants do not recognize that the value of the peso changes over time. This
    concept is called the

    Stable monetary unit concept


    Going concern concept

    Cost principle
    Business entity concept

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