This video outlines the concept of a chart of accounts for a business and how they are used the record-keeping process. Good review questions are (1) What do you call a business listing of management accounts? (2) What is the normal balance of a bank account (debit or credit)? (3) What is the normal balance (debit or credit) of a loan account? (4) What financial statement is a summary of all business accounts?
Негізгі бет Introduction to Farm & Ranch Records...Debits and Credits
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