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Finance Yr1 > Topic 3 - Measuring Accounting Transactions - Financial Reporting > Flashcards

Topic 3 - Measuring Accounting Transactions - Financial Reporting Flashcards

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1
Q

What does every transaction have?

A

Debit and a credit

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2
Q

DEAD CLIC

A

Debit
Expenses
Assets
Dividends

Credit
Liabilities
Income
Capital (equity)

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Finance Yr1 (5 decks)

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