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Submit journal entries in the general ledger: This task needs to be done in accordance with the rules of double-entry accounting.Preparing reversing entries is surely an optional action during the accounting cycle. Reversing entries are created at the startIn some instances, management manipulated the figures proven in money experiences to point a

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This chapter handles the core principles in accounting that you need to know ahead of relocating on to the greater intricate topics. The concepts below will function the foundation on which your accounting awareness will Establish on.Most companies now have automated accounting programs. Economical statements is often prepared which has a couple cl