Tuesday, August 9, 2011

Accounting Entries for April?

I can't figure out why you can do a few of them but not the rest. They're very simple, and the accounts are already listed for you. Just remember, when an et is received it is a debit, when it is given up, it is a credit. Anything that is purchased by you on credit is an account payable, which is credited. Anything that is sold by you on credit is an account receivable which is debited. Feel free to email your answers to me, I'd be glad to check them over.

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