Journal entries are part of basic accounting or primary system of accounting. In journal entries, there are two aspects one is debit and another is credit. These two aspects are always equal. Journal entries are used as basisfor the ledger and trial balance . To Prepare: Thejournal entriesfor the given transactions.

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Chapter 3, Problem 3.11AAMCP

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Concept Introduction:Journal entries are part of basic accounting or primary system of accounting. In journal entries, there are two aspects one is debit and another is credit. These two aspects are always equal. Journal entries are used as basisfor the ledger and trial balance.

To Prepare: Thejournal entriesfor the given transactions.

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