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You have been nominated by your institution for aseminar because of your proficiency in basic accounting concepts.The participants and audience include college professors,practicing CPAs, and fellow students. The theme of the seminar isBasic Accounting Principles. You have been asked to share whetheror not the statement "Debit means decrease and credit meansincrease" is true? List and discuss the various points that you will share with the audience.

Accounting Basics, Accounting

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