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Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
النسخة 3الرقم المعياري الدولي: 978-0132962339Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
النسخة 3الرقم المعياري الدولي: 978-0132962339 تمرين 39
Answer the following questions. Consider each question separately.
Requirements
1. Explain the advantages of double-entry bookkeeping instead of recording transactions in terms of the accounting equation to a friend who is opening a used book store.
2. When you deposit money in your bank account, the bank credits your account. Is the bank misusing the word credit in this context Why does the bank use the term credit to refer to your deposit, instead of debit
Requirements
1. Explain the advantages of double-entry bookkeeping instead of recording transactions in terms of the accounting equation to a friend who is opening a used book store.
2. When you deposit money in your bank account, the bank credits your account. Is the bank misusing the word credit in this context Why does the bank use the term credit to refer to your deposit, instead of debit
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This exercise requires knowledge and app...
Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
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