On the general ledger, there must be an offsetting entry for the balance sheet equation (and thus, the accounting ledger) to remain in balance. Types of Accounts in a Double Entry Accounting There are seven types of accounts in double entry accounting: Asset Account→ The assets owned by a...
1、Unit 3 Recording Business Transactions: Double-Entry System,1.Recording Business Transactions Setup of Account T-account 2.Double-Entry System The rule of debit and credit Activities, Recording Business Transactions,Setup of Account Accounts are the foundation of recording accounting entries and pre...
Imported coronavirus cases are caught at entry points with required testing and immediate quarantine. Cold-chain imported food products are all checked and tracked through distribution. The flow of imported cases to China is low, but has been persistent. There are now 271 active coronavirus cases i...