what type of transactions we record in the books of accounts
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bookkeeper, or accounting clerk, records operating transactions by debiting and crediting financial accounts such as asset, liability, equity, revenue and expense. An accounting clerk debits an expense or asset account to increase its balance, and credits the account to reduce its amount.
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A bookkeeper, or accounting clerk, records operating transactions by debiting and crediting financial accounts such as asset, liability, equity, revenue and expense. An accounting clerk debits an expense or asset account to increase its balance, and credits the account to reduce its amount.
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