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Describe for shareholders the double-entry accounting system

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Reference no: EM132916779

Question 1: Describe for your shareholders the double-entry accounting system your business will use and how the rules of debits and credits apply.

Question 2: Create 4 sample journal entries of your own that you think would be the most likely ones in the first month of the business get started. You can make up the amounts.

Reference no: EM132916779

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