Journal Entry

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Journal Entries

- How to analyse transactions


o Income transactions
o Capital transactions
o No journal entry
- How to prepare journal entries
- Accounting principles and practices
o Historical cost principle
Capital assets
Inventory
o Accrual accounting
Interest
Suppliers
o Matching principle
Unearned revenue
Depreciation
o Contra accounts
Allowance for doubtful accounts
Accumulated depreciation

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