Get Guided Ashford ACC 205 Week 1 Discussion 1

Get Guided Ashford ACC 205 Week 1 Discussion

 

Write: Make sure your response addressing the following questions is more than 200 words and that you include an in-text citation or a brief quote from the reading material where appropriate. Use the Ashford Writing Center resource Citing Within Your Paper (Links to an external site.) for guidelines on properly citing sources.

  • What accounts are included in each of the six major groups of accounts?
  • State the normal balance of each of the six major groups.
  • What effect does a debit and a credit have on each major group?
  • How might an imbalance in debits and credits impact a business?

 

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