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Business, 29.01.2020 05:42 babysune01
Match the following:
part a
1. posting
2. expense
3. debit
4. trial balance
5. equity
6. net income
7. receivable
8. chart of accounts
9. payable
10. journal
11. normal balance
12. ledger
part b
a. the cost of operating a business; a decrease in stockholders' equity
b. always an asset
c. side of an account where increases are recorded
d. lists a company's accounts and account numbers (no account balances in this item)
e. copying data from the journal to the ledger
f. assets - liabilities
g. revenues - expenses
h. lists all accounts with their balances
i. always a liability
j. record of transactions
k. left side of an account
l. the book of accounts and their balances
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Match the following:
part a
1. posting
2. expense
3. debit
4. tria...
part a
1. posting
2. expense
3. debit
4. tria...
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