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    15092652069q
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    This document discusses accounting concepts and terminology related to trial balances, balance sheets, income statements, and adjusting entries. It provides explanations for accounting terms like assets, expenses, income, debits and credits, as well as clarifying how certain accounts appear or don't appear on different financial statements. The document also contains questions about including an inventory account in the calculation of net income for a period.

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    accounting questions

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    confusing

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    This document discusses accounting concepts and terminology related to trial balances, balance sheets, income statements, and adjusting entries. It provides explanations for accounting terms like assets, expenses, income, debits and credits, as well as clarifying how certain accounts appear or don't appear on different financial statements. The document also contains questions about including an inventory account in the calculation of net income for a period.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    3 views3 pages

    Confusing

    Uploaded by

    15092652069q
    This document discusses accounting concepts and terminology related to trial balances, balance sheets, income statements, and adjusting entries. It provides explanations for accounting terms like assets, expenses, income, debits and credits, as well as clarifying how certain accounts appear or don't appear on different financial statements. The document also contains questions about including an inventory account in the calculation of net income for a period.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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