Question: When using UBS accounting software for the first time, users need to create the chart of account A. Suggest a suitable code for the following

When using UBS accounting software for the first time, users need to create the chart of

account

A. Suggest a suitable code for the following accounts

CAPITAL

FIXED ASSETS

TRADE DEBTORS

BANK

TRADE CREDITORS

SALES

b. After the account has been created, we need to enter the opening balance. Describe

the step taken to enter the opening balance using the account listed in part a

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