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general journal slide
Returns of Stock Chapter 13. Two Types There are basically two types of returns: purchase returns and sales returns. A purchase return occurs when stock.
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© Mark E. Damon - All Rights Reserved Directions: Scroll through the presentation and enter the answers (which are really the questions) and the questions.
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A _____ shows in one place all the changes in a single account. Ledger.
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Chapter Twelve Work Sheet and Adjusting Entries. Copyright © Houghton Mifflin Company. All rights reserved. 12 - 2 Performance Objectives 1.Prepare an.
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LESSON 13-2 Recording Employer Payroll Taxes. PAYMENT OF TAXES TO GOVERNMENT Two Types of Taxes paid 1.Salary Taxes and Deductions Taxes & deductions.
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Chapter 3-1 Normal Balance Credit Normal Balance Debit Debits and Credits Summary LO 2 Explain double-entry rules.
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CHAPTER SEVEN The General Journal McGraw-Hill/Irwin Accounting Fundamentals, 7/e © 2006 The McGraw-Hill Companies, Inc., All Rights Reserved. 7-3 1.
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The Accounting Cycle. What we know so far… So far we know how to : Identify and differentiate balance sheet and income statement accounts Manipulating.
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GOOD MORNING!!. Reminder: A business transaction is anytime that an exchange of value happens within the normal operation of a business Every transaction.
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The Adjustment Process Accountants need to ensure that the statements they produce are: Up to Date, Accurate, Consistent Adjustments are necessary to.
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Chapter 12 Work Sheet and Adjusting Entries Chapter 12 Performance Objectives: 1)New Adjustments: 1.Adjustment for Supplies 2.Adjustment for merchandise.
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DateParticularsDebit(RM)Credit(RM) Account Receivable account Sales revenue account XX General Journal.
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