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Cash journals record items sold or purchased with cash and they also record income received (debtor payment, interest) and daily expenses.
Borrowing money on a long term note payable is recorded in the _ journal. When an asset is increased, the asset account is. The cash receipts journal manages all cash inflows of a business organization. Journal entries for cash transactions подробнее.
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Monetary theory considers the sigificance of money in a modern economy, as well as evaluate the extent to which money can be manipulated to achieve economic policy objectives.
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