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1) Name two types of transactions and which side of the balance sheet they are posted? 2) An investment in the company is posted in

  1. 1) Name two types of transactions and which side of the balance sheet they are posted?

    2) An investment in the company is posted in what two locations on the balance sheet?

    3) Name the two types of Income recognition for work performed.

    4) Explain the components of an Application for Payment and its purpose.

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