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Accounting - Debits & Credits - Practice Test Questions, Accounting Essentials - Accounting terms & recording transactions using the accounting equation, debits, & credits.
Created by Robert (Bob) Steele
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What Will I Learn?
- Define accounting
- List accounting objectives
- List and describe financial statements
- Explain the relationship between financial statements
- Describe the double entry accounting system
- Name and explain the accounting equation
- Record financial transactions using the accounting equation
- Record financial transactions using debits and credits
- Post general journal entries to the general ledger
Requirements
- Knowledge of accounting topics
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