When selling products on account what are the four typical general ledger accounts that are impacted? Explain

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When selling products “on account” what are the four typical general ledger accounts that are impacted? Explain the different columns of the Journal report. Will total debits and total credits always equal each other?

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Business Communication In Person, In Print, Online

ISBN: 978-1111533168

8th edition

Authors: Amy Newman, Scot Ober

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Posted Date: Nov 14, 2020 09:30 AM

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When selling products on account what are the four typical general ledger accounts that are impacted? Explain

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