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writing down the sale

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What is the definition of manual accounting?

manual accounting means making records of transactions in record books rather than computers.


What is recording phase of accounting?

Recording phase of accounting is to record the transactions into journal after transactions occured.


When recording transactions, does the expense increase when debiting or crediting the account?

When recording transactions, expenses increase when debiting the account.


Where did the recording of real estate transactions begin?

The common practice of recording real estate transactions with an official recorder or registrar began in colonial Massachusetts


Electronic ways of recording financial transactions?

Calculator...


Form for recording transactions in chronological order?

Journal


What features are common on high definition camcorders?

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What does journalizing transactions mean?

It is recording the transaction, including a brief explanation.


The process of recording transactions in the journal is called posting?

No, it's journalizing.


What is the accounting practicing of recording every transactions in two places?

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What is the primary source document for recording investing transactions?

Broker's advice. This document is issued by a broker and gives the exchange price of investing transactions.


What are the benefits of an accounting policy manual?

Accounting policy manual makes sure that all business transactions are recorded in same way and all related transactions are provided in same code of account and accuracy of transactions is also assured.