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CH 16

Ch 16

Journal entries recorded to update general ledger accounts at the end of a fiscal period Adjusting
The account used to summarize the owner's equity in a business Capital
A journal entry to correct an error. Correcting
Journal entries used to prepare temporary accounts for a new fiscal period Closing
A signature or stamp on the back of a check transferring ownership Endorsement
A form for recording transactions in chronological order journal
Temporary account nominal
Created by: jlwilt
Popular Accounting sets

 

 



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