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Chapter 8 - Business Transactions Their Analysis 1
Chapter 8 - Business Transactions Their Analysis 1
of
Accountancy, Business &
Management
Chapter 8: Business Transcations & Their Analysis (by: Ferrer & Millan)
Journalizing
Journalizing refers to recording an identified
accountable event in the journal by means of a
journal entry.
Chapter 8: Business Transcations & Their Analysis (by: Ferrer & Millan)
Simple and Compound journal entries
• Simple journal entry – contains a single debit
and a single credit element.
• Compound journal entry – contains two or
more debits or credits.
Chapter 8: Business Transcations & Their Analysis (by: Ferrer & Millan)
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