Search for tag: "debit"
Journal Entries: Collecting cash and paying obligations - ACCT 2005How do we create journal entries for collecting payments due a company or paying obligations? What is the general process for creating a journal entry?
From Alena A Rodick
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Journal Entries: Selling Goods - ACCT 2005How do we create journal entries for the sales of goods or services? How do these sales often lead to compound journal entries?
From Alena A Rodick
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Year-end Financial Activities: Financial Statements and Closing the Books - ACCT 2005What financial statements are required for publicly traded companies? What goes into the notes for the financial statements? What is the difference between real accounts and nominal accounts? How do…
From Alena A Rodick
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InterAcctgII--Problem 16-1A Problem DemoAlgorithmic version of Problem 16-1A in text. Deals with deferred tax liability
From Barbara Warschawski
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