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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