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A cknowledgments Chapter 1 Accounting and its Environment
Recording Business Transactions
The Adjusting Process
11 other sections not shown
accounting equation accounting period Accounts and Explanation Accounts Payable Accounts Receivable Accumulated Depreciation adjusted trial balance adjusting entry Advertising Expense Allowance for Uncollectible amount balance sheet bank beginning inventory book value Cash XX Chapter closing entries common stock Compute control account corporation current assets current liabilities Daily Exercises Date Ref Debit Credit Balance December 31 decrease Depreciation Expense dividends employee ending inventory Equipment Explanation PR Debit FIFO financial statements gross margin income statement Income Summary income tax Interest Expense internal control journal entry LIFO merchandise method Notes Payable Notes Receivable owner's equity paid partner partnership payment payroll petty cash plant asset posting PR Debit Credit preferred stock Prepaid Rent Rent Expense Requirement Salary Expense Sales Discounts Sales Returns Sales Revenue share sold statement of owner's stockholders Study Tip subsidiary ledger Supplies Expense Tax Payable transactions trial balance Uncollectible Account Expense unearned revenue Withdrawals