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Which approach is marcus using in developing theory

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Problem 1: Marcus observes that the bank overdraft account is a liability account and has a credit balance. He also notices that the accounts payable account is a liability account and has a credit balance. Therefore, Marcus comes to the conclusion that all liability accounts have a credit balance. Which approach is Marcus using in developing his theory that all liability accounts having credit balances?

a. Deductive reasoning
b. Inductive reasoning
c. Conclusive reasoning
d. Conceptual reasoning

Reference no: EM132877517

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