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19 October 2020. 13 test answers. question. accrual basis of accounting. answer. reporting income when it is earned and expenses when they are incurred (p. 163) question.
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Ansy/^ers 1. Accounting is the language of business, (p.
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Study Guide 6 – Part One – Identifying Accounting Terms accrual basis of accounting reporting income when it is earned and expenses when they are incurred (p. 163) adjusting entries Journal entries recorded to update general ledger accounts at the […]
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a record that summarizes all the transactions pertaining to a single item in all the accounting … Part One - Identifying Accounting Terms.
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