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Accounting Principles: The Recording Process PDF

51 Pages·2021·English
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by ['Md. Saadman Sakib 2115420660']| 2021| 51 pages| English

About Accounting Principles: The Recording Process

1. The document discusses accounting principles related to recording business transactions using accounts, debits, and credits. It explains how the journal and ledger are used to record transactions and track increases and decreases in account balances. 2. Examples are provided to illustrate how to analyze transactions, record them in the journal, and post them to the appropriate accounts in the general ledger. This ensures the accounting equation stays in balance. 3. Preparing a trial balance is mentioned as one way to check that total debits equal total credits after the recording process.

Detailed Information

Author:['Md. Saadman Sakib 2115420660']
Publication Year:2021
Pages:51
Language:English
Format:PDF
Price:FREE
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