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Do you only record credit transactions in general journal?
we can also record cash transactions too
A record in which transactions are recorded first is what?
Journal
What is recording phase of accounting?
Recording phase of accounting is to record the transactions into journal after transactions occured.
What are name of record of transactions?
It is termed as Journal entry.
Which tool helps you record your transactions?
check register
Related Questions
Do you only record credit transactions in general journal?
we can also record cash transactions too
How do you record transactions in journal?
You record basically how your feelings are.
A record in which transactions are recorded first is what?
Journal
What is recording phase of accounting?
Recording phase of accounting is to record the transactions into journal after transactions occured.
What are name of record of transactions?
It is termed as Journal entry.
Which tool helps you record your transactions?
check register
What prompted the development of record keeping systems?
Economic Transactions
What is the standard system used to record transactions?
chart of accounts
Book keeping services would be used to record what?
Bookkeeping services are used to record the financial transactions of a business. These transactions include payments by an organization or individual, purchases, sales and receipts.
How do you record transactions using the accounting equation?
Assets= Liabilities + Equity
When do you use intercompany accounts?
To record transactions between related companies
Why there is a need to keep a written record of all business transactions?
secret
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