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In accounting, What accounts are included in each of the six major groups of accounts and can you state the normal balance of each of
In accounting, What accounts are included in each of the six major groups of accounts and can you state the normal balance of each of the six major groups.
What effect does a debit and a credit have on each major group and how might an imbalance in debits and credits impact a business?
What information is contained in the four financial statements?
What order are the financial statements prepared and why do the four financial statements have to be prepared in this order?
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