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What is the basic journal entry to create a general reserve? Select one: a. Dr General reserve, Cr Retained earnings b. Dr Income, Cr General
What is the basic journal entry to create a general reserve?
Select one:
a. Dr General reserve, Cr Retained earnings
b. Dr Income, Cr General reserve
c. Dr Profit or loss summary, Cr General reserve
d. Dr Retained earnings, Cr General reserve
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