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A debit entry in a fixed asset account represents

A debit entry in a fixed asset account represents
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A An increase in the fixed asset account.
  • B A decrease in the fixed asset account
  • C A profit on disposal of the fixed asset
  • D A loss on disposal of the fixed asset
Correct Answer: Option A
Explanation:

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