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Transaction G Step 1: Which accounts are affected?

Gas Expense

Cash

Step 2: Which category does the account belong to? Expense

Asset

Step 3: Is the account increasing/decreasing? Increasing

Decreasing

Step 4: Debit or credit? Debit

Credit

Step 5: Place amounts into accounts. LO-2 Copyright Š 2015 Pearson Canada Inc. Full file at https://testbankuniv.eu/College-Accounting-A-Practical-Approach-Canadian-12th-Edition-Slater-Solutions-Manual

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College Accounting A Practical Approach Canadian 12th Edition Slater Solutions Manual  

Full file at https://testbankuniv.eu/College-Accounting-A-Practical-Approach-Canadian-12th-Edition-Slater-Solutions-Manual

College Accounting A Practical Approach Canadian 12th Edition Slater Solutions Manual  

Full file at https://testbankuniv.eu/College-Accounting-A-Practical-Approach-Canadian-12th-Edition-Slater-Solutions-Manual

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