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Record transactions in journals post to ledger accounts and prepare a trial balance. Identify the different types of receivables.
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A describes the financial situation of a company at a specific point in time B is a summary of all of the revenues minus all of the expenses for an accounting period C shows the changes that took place in the amount of shareholders equity during a period D is a list of all the cash collected and cash. 11 Accounting Principles Concepts and Conventions 12 Capital and Revenue transactions - capital and revenue expenditurescapital and revenue receipts 13 Double entry system Books of prime entry Subsidiary Books Cash Book Journal Ledger Trial Balance 14 Depreciation - Methods Straight Line and Diminishing. Explain what accounting is. Identify steps in the accounting cycle. Or posted to a publicly accessible website in whole or in part. Start studying Accounting Chapter 8 - 9 Study Guide Answers.
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Chapter 9 Accounting For Receivables Explain what accounting is.
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