When is a capital account debited ? when it is credited?
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for an asset account, you debit to increase it and credit to decrease it. for a liability account you credit to increase it and debit to decrease it. for a capital account, you credit to increase it and debit to decrease it.
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❥for an asset account, you debit to increase it and credit to decrease it. for a liability account you credit to increase it and debit to decrease it. for a capital account, you credit to increase it and debit to decrease it.
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