On November 28, JT's Consulting Services purchased supplies for $3,000, Check 1002. Which account is credited? * Cash bank Supplies Accounts Payable Equipment

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Q: What are the steps to figure this out?

A: Journal: Recording of a business transactions in a chronological order.

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Q: What would be the equasion for solving this

A: Formula for calculating yearly payment: Yearly payment=(Loan amount * Rate%)1-1(1+Rate%)n

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Q: Why option A is incorrect?

A: revenue is generated by the business whenever  goods or services are sold by the business.this leads…

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A: Where a partnership itself is generally not subject to income tax, individual partners (including…

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Q: kindly specify which option is correct.

A: This question connotes a follow-up question which is asked regarding the correct option. Inventory…

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A: QBI means Qualified Business Income, it is a deduction available to eligible tax payers. Sec 199 A…

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A: student provide question as link please I am unable to see question for this definitely I will share…

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.