Accountancy, asked by samuelmovale60, 6 months ago

terminology of accounts

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Answered by Imblank

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Owner provides capital to the business

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Answered by poonamjadhav2351988

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Bookkeeping Terminology

Bookkeeping TerminologyAccounts Receivable – Outstanding payments the company is currently owed by all customers or clients. Basically, this is anything the company bills out. Balance Sheet – A financial document that reconciles all the company's assets with their liabilities and equity.

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