accounts, Accounting Basics

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“Ledger is said to be the principal book entry and the transactions can even be directly
entered into the ledger account.” Elaborate and explain why journal is necessary.

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JOURNALS., CALCULATIONS VARIOUS QUESTIONS

CALCULATIONS VARIOUS QUESTIONS

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A patent costing $500, A patent costing $500,000 was purchased on July 1. T...

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Hi, Purchase of office supplies what is the account classification?

Purchase of office supplies what is the account classification?

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