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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1043 |
Essay's paper body
This means that A/P is used only when the goods or services are bought on Credit and not against CASH.
Compound Entry – An entry that impacts more than one account on Balance Sheet. e.g. a transaction impacting CASH Bal, Asset, and A/P in one transaction on balance sheet.
Creditor – A person or entity to whom a company owes money...
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This means that A/P is used only when the goods or services are bought on Credit and not against CASH.
Compound Entry – An entry that impacts more than one account on Balance Sheet. e.g. a transaction impacting CASH Bal, Asset, and A/P in one transaction on balance sheet.
Creditor – A person or entity to whom a company owes money...
Essay fragment
General points of the essay
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