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Crane Co. debited an asset account for $1200.00 and credited a liability account for $400.00....

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Accounting

Crane Co. debited an asset account for $1200.00 and credited a liability account for $400.00. Which of the following would be an incorrect way to complete recording? a. debit owner's equity account for $750.00 b. credit another liability account for $750.00 c. credit an owner's equity account for $750.00 d. credit an asset account for $750.00

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