Business Studies, asked by npafho7582, 8 months ago

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Answered by ItzRiya07
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Give some examples of source documents.

➢ Define an account. What are the two forms of account posting illustrated in the chapter?➢ What is meant by the term double-entry procedure, or duality?

➢ Describe how you would determine the balance of a T-account.

➢ Define debit and credit.

➢ Do you think this double entry accounting system makes sense? Can you conceive of other possible methods for recording changes in accounts

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