Describe whether we can say that a debit to an account, Finance Basics

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Describe whether we can say that a debit to an account

Question: 1. Describe whether we can say that a debit to an account signifies that something beneficial has happened for the business concerned.

2. Are we able to say that in double entry accounting a debit represents a plus and a credit represents a minus?

3. What is the difference between fixed assets and current assets?

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Finance Basics: Describe whether we can say that a debit to an account

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Finance Basics: Describe whether we can say that a debit to an account

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