11.What are the accounting events that are frequently involved in compound entries?

12.What are the rules for debit and credit for different accounts to increase the amount in your business accounts?

13.What are the disadvantages of a double-entry system?

14.What is the general classification of accounts that usually ledger account involves?

15.How to adjust entries into account?

16.What are the three factors that can affect your cash flow and business profitability?

17.Explain the meaning of long-term notes payable is or long-term liabilities

18.What is the difference between depreciation and amortization?

19.Explain various methods of calculating depreciation in details

20.What is the basic difference between asset, equity, and liabilities?