- Accounting Terms - Easy 2
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- Refresh Your Basics in Accounting Terminology.
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_________ is the process of transferring a journal entry to a ledger.
________ is the principal book of accounting.
________ is where you can find all operating expenses of a company.
Petty Cash Book
_________ is money owed to a business from its customers.
Journal Entry with more than one credit and/or one debit are known as _________.
Simple Journal Entry
Contra Journal Entry
Compound Journal Entry
_________ is goods withdrawn by the owner for personal use.
Arrangement of assets and liabilities in a proper order inside the balance sheet is known as _________.
_________ is a document issued by the seller to request payment from buyer.
__________ records all credit sales made by a business.
___________ is a subsidiary book where all cash/bank receipts/payments are recorded.
Cash Flow Statement
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Accounting Terms – Easy 2
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