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    CHP 3

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    ckyn greenleaf
    We learned about double entry accounting rules and how to prepare T-accounts. The document lists different types of accounts and whether they are increased by debit or credit entries. Students are directed to further worked examples in their textbook on pages 23, 32, and 42 of the 10th edition to learn more about double entry accounting.

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    CHP 3

    Uploaded by

    ckyn greenleaf
    175 views2 pages
    We learned about double entry accounting rules and how to prepare T-accounts. The document lists different types of accounts and whether they are increased by debit or credit entries. Students are directed to further worked examples in their textbook on pages 23, 32, and 42 of the 10th edition to learn more about double entry accounting.

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    Chp 3

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    We learned about double entry accounting rules and how to prepare T-accounts. The document lists different types of accounts and whether they are increased by debit or credit entries. Students are directed to further worked examples in their textbook on pages 23, 32, and 42 of the 10th edition to learn more about double entry accounting.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    175 views2 pages

    CHP 3

    Uploaded by

    ckyn greenleaf
    We learned about double entry accounting rules and how to prepare T-accounts. The document lists different types of accounts and whether they are increased by debit or credit entries. Students are directed to further worked examples in their textbook on pages 23, 32, and 42 of the 10th edition to learn more about double entry accounting.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    of 2

    Summary of Chapter 3

    Students,
    We have learned Double Entry rules and T-accounts preparation.

    Accounts To Increase To Decrease


    Assets Debit Credit
    Liability Credit Debit
    Capital Credit Debit
    Sales Credit Debit
    R/I Debit Credit
    Purchase Debit Credit
    R/O Credit Debit
    Revenue Credit Debit
    Expense Debit Credit
    Drawing Debit Credit

    Learn more about double entry from A further worked example


    in your text book page 23, 32, and 42 (10th Edition).

    NurulAsyikin/UTM/FA1/Notes/Chp3
    NurulAsyikin/UTM/FA1/Notes/Chp3

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