Question: 1. Explain Journalizing Based on notes to remember 2. Define and Explain T-Accounts 3. Explain the problem in Ch.4's Journalizing (question #1-13) 4. Define and

1. Explain "Journalizing" Based on notes to remember 2. Define and Explain "T-Accounts" 3. Explain the problem in Ch.4's Journalizing (question #1-13) 4. Define and Explain Balancing 5. Define and explain the "different formats of balancing" a. Financial Statement b. Income Statement c. Trial Balance 6. Differentiate "Real and Nominal Accounts" 7. Justify your answer why the given example for the closing entry with a balancing amount of 1,175,000 is a Trial Balance. Explain Based on the given illustration beside

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