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Explain the following a. what is journal entry. b. A delayed Credit and Suppliers credit, c. Distinguish between a sales day book and a purchase

Explain the following a. what is journal entry. b. A delayed Credit and Suppliers credit, c. Distinguish between a sales day book and a purchase daybook.
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1. Explain the following a. what is a journal entry. b. A delayed Credit and Suppliers credit, c. Distinguish between a Sales-day book and a Purchase daybook 2. Explain the following: a. Prepaid expense and examples, b. Bad debts and causes. 3. what is a typical company's Banking transaction? why must we create account payable + Account Receivables

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