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Lesson 1 Aasi
Lesson 1 Aasi
Sales Includes: Cash sales, Collection Includes: Cash sales, Credit sales
of trade AR, Collection of trade (sale account)
NR
Income other Includes only those collected Includes those items earned during
than sales during the period the period
Expenses. in Includes only those expenses Includes those items that are
general that are paid incurred regardless of when paid
T Accounts Approach