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1. What report lists the debits and credits for each transaction? 2. Identify the report that shows revenues and expenses. Explain how to display this
1. What report lists the debits and credits for each transaction? 2. Identify the report that shows revenues and expenses. Explain how to display this report and the final balance. 3. Identify the report that shows assets, liabilities, and equity. Show the steps for displaying that report. 4. Explain why the amounts are different when the Trial Balance on page 330 is compared to the Adjusted Trial Balance on page 337. 5. What are the differences on the Profit and Loss after adjustments to the P&L saved in Exercise 6-2? 6. Explain why the amounts are different when the Trial Balance on page 330 is compared to the Adjusted Trial Balance on page 337. 7. What are the differences on the Profit and Loss after adjustments to the P&L saved in Exercise 6-2? 8. Describe the difference between a Bill and Invoice Include an example which
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