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Bookkeeping and Accounting > Bookkeeper Launch: Transactions > Flashcards

Bookkeeper Launch: Transactions Flashcards

1
Q

Which accounts are affected when entering inventory?

A

Inventory asset (debit)
Cash (credit)

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2
Q

Which accounts are affected when inventory is sold?

A

figure this out
I know

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Bookkeeping and Accounting (2 decks)

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