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Tax Quiz Summary

TermDefinition
Purchase Invoice Debit: Asset/Expense Account Credit: A/P
Cheque Copy Debit: Asset/A/P/Expense/Drawings Credit: Bank
Cash Sales Slip Debit: Bank Credit: Fees Earned
Sales Invoice Debit: A/R Credit: Fees Earned
Cash Receipt Slip Debit: Bank Credit: A/R/Capital
Memo or Voucher Debit: - Credit: -
Created by: evehec
Popular Accounting sets

 

 



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