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What are two of the four accounts in the general ledger which need to be updated with adjusting enteries?

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  • What are two of the four accounts in the general ledger which need to be updated with adjusting enteries?


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Double-entry bookkeeping system ... in at least two different nominal ledger accounts within the ... of a General ledger account, and the credit entry will ...
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Positive: 46 %
Principles of Accounting.com: ... Finally, notice that a transaction may involve more than two accounts ... to the regular general ledger account, ...
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Positive: 43 %

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What Accounts Are Never Adjusted in ... period to update balances in specific accounts in the general ledger. ... Four Types of Adjusting Journal Entries.
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Positive: 46 %
Answer to Question 1 The balance of a control account in the general ... eliminates the need for a general ledger. ... What adjusting entry should be made ...
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Positive: 41 %
... Inventory Control Sheet should be updated as each ... balance column of a four-column account (General Ledger). ... the adjusting entries ...
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Positive: 27 %
Such trade receivables are carried in the Accounts Receivable account. ... adjusting entry: ... of the above entries; but, the general idea ...
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Positive: 4 %

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