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What can be done to complete the recording of transaction

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Reference no: EM133042475

Question - An accountant has debited an asset account for $1080 and credited a liability account for $540. What can be done to complete the recording of the transaction?

Nothing further must be done.

Debit a stockholders' equity account for $540.

Credit a different asset account for $540.

Debit another asset account for $540.

Reference no: EM133042475

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