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4 Mar 2018
Please answer in your own words.
1) List the basic steps in the recording process
2) Whatâs a journal and how does it contribute in the recording process
3) Whatâs a ledger and how does it help in the recording process
4) Whatâs a simple entry?
5) Whatâs a compound entry?
6) What is the normal balance for the assets, ownerâs drawings and expenses accounts
7) What is the normal balance for the liabilities, ownerâs capital and revenues accounts
Please answer in your own words.
1) List the basic steps in the recording process
2) Whatâs a journal and how does it contribute in the recording process
3) Whatâs a ledger and how does it help in the recording process
4) Whatâs a simple entry?
5) Whatâs a compound entry?
6) What is the normal balance for the assets, ownerâs drawings and expenses accounts
7) What is the normal balance for the liabilities, ownerâs capital and revenues accounts
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answer
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watching
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Jarrod RobelLv2
6 Mar 2018