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Since the transaction for The brand new Personal computer is made on credit score, the payable "ABC Personal computers" has not still been compensated. Consequently, a liability is made inside the entity's data. For that reason, to stability the accounting equation the corresponding liability account is credited: Such as, a https://debet96205.shotblogs.com/how-debet-can-save-you-time-stress-and-money-45790172

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