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Posted inAccounts

Trial Balance and Rectification of Errors

Trial Balance and Rectification of Errors 1. Trial Balance Definition: A Trial Balance is a statement that lists all the ledger accounts and their balances (debit or credit) at a…
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July 7, 2024No Comments
Posted inAccounts

Recording of Transactions – II

Recording of Transactions – II 1. Cash Book A Cash Book is a financial journal that contains all cash receipts and payments, including bank deposits and withdrawals. It serves as…
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July 7, 2024No Comments
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