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  • Dec 13, 2007, 07:06 PM
    grkcutie18
    Unadjusted trial balance
    Does Cost of merchandise sold go on the debit or credit side? Accumulated Depreciation debit or credit?
  • Dec 14, 2007, 08:31 AM
    Smith21000
    Cost of merch. Sold is an expense and therefore is a debit and accumulated depreciation reduces the cost basis of an asset an therefore is a credit.

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