Can someone please explain to me the steps in journalizing
events in accounting and then turning...
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Accounting
Can someone please explain to me the steps in journalizingevents in accounting and then turning them into income statements.Like which assets and liabilities are credits and which aredebits?
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For each event there is double entry one is credited and other is credited Any event journalized should satisfy the following equation Assets Liabilities Equity When assets or expenses
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