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According to the Textbook,human Communication Is _____

question 36

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According to the textbook,human communication is _____.

Identify and explain the normal balances of different types of accounts.
Demonstrate knowledge of double-entry bookkeeping and its application in recording transactions.
Distinguish between assets, liabilities, capital, revenue, expenses, and withdrawals.
Apply the rules of debit and credit to various accounting transactions.

Definitions:

Cash Receipts Journal

A financial journal that tracks all cash inflows or money received by a business, including sales, loans, and investments.

Cash Investment

Financial assets that are highly liquid and can be quickly converted into cash, or the act of placing money into financial schemes, shares, property, or a commercial venture with the expectation of achieving a profit.

Owner Recorded

The registration of assets, liabilities, or transactions by the owner in the financial records of a business.

Cash Payments Journal

A specialized accounting journal used to record all cash outflows or payments made by a business.

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