Distinguish between (a) Real and nominal accounts, (b) General journal and special journals, and (c) General ledger
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(a) Real and nominal accounts,
(b) General journal and special journals, and
(c) General ledger and subsidiary ledgers.
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a Real accounts are balance sheet accounts not closed to a zero balance in the closing process No...View the full answer
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Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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