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What is a journal in accounting? What is your opinion? What is a Ledger in accounting? What is your opinion?

Analyzing and Recording Transactions

  1. Why do we have accounting rules? What is your opinion?
  2. Use your research skills, google, and chapter 3 of your online textbook to answer the following question. What do the terms debit and credit mean in accounting? What is your opinion?
  3. What is a journal in accounting? What is your opinion?
  4. What is a Ledger in accounting? What is your opinion?

 

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