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Uchirku Stephanie Hembafan

Uchirku Stephanie Hembafan

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Assignment on Acc 101

Assignment on Acc 101

The Journal is a subsidiary day book, where monetary transactions are recorded for the first time, whenever they arise. In this, the transactions are regularly recorded in an orderly manner, so that they can be referred in future. It highlights the two accounts which are affected by the occurrence of the transaction, one of which is debited and the other is credited with an equal amount.

 
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