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What are the ledgers, why do we use them? And then HOW do we use them, how does information get into them how do balances
What are the ledgers, why do we use them?
And then HOW do we use them, how does information get into them how do balances get extracted. And then what should the balances for various accounts be, i.e. assets, liabilities, expenses, revenues, equity, dividends. Why SHOULD they have a particular balance as either debit or credit.
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