Companies report share capital-ordinary and dividends in the equity section of the statement of financial position.
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Q1: An account is often referred to as
Q2: Business documents can provide evidence that a
Q5: The recording process becomes more efficient and
Q8: The normal balance of all accounts is
Q11: A debit to an account indicates an
Q14: The rules for debit and credit and
Q15: Debit and credit can be interpreted to
Q19: Under the double-entry system revenues must always
Q20: If a revenue account is credited the
Q20: Revenues are a subdivision of retained earnings.
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