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jewel420
Sep 21, 2010, 08:26 PM
An accountant has debited an asset account for $1,000 and credited a liability account for $500. What can be done to complete the recording of the transaction?
a. Nothing further must be done.
b. Credit a different asset account for $500.
c. Debit a stockholders’ equity account for $500.
d. Debit another asset account for $500.

morgaine300
Sep 21, 2010, 11:08 PM
Please see the guidelines for posting homework:
https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html