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3 years ago

In a general ledger, credits always go on the

Business

2 answers:

Alenkasestr [34]3 years ago

6 0

Answer:

The correct answer would be, Credit always goes on the right side.

Explanation:

General Ledger is the set of accounts that businesses keep and maintain to have a record of their financial transactions. These ledger accounts help the accountants to make the financial statements and reports of the organization. Each account contains full detail about the specific account title. For example there would be a general ledger of Cash and this ledger will record all cash related transaction, and in the end will tell you the balance of cash account.

The format to write the ledge is to make a T account, and write Debit on the left side and credit on the right side, and record the transactions.

elena-s [515]3 years ago

3 0

Answer:

And for anyone wondering, debits go one the right.

Explanation:

"In a general ledger, debits always go on the left and credits always go on the right."

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2 years ago

Your grandfather made an investment of $4,000 the day you were born, as such starting to earn returns immediately. His assumptio

weeeeeb [17]

Answer:

$Acumulated value=57,775.84$

Explanation:

this problem can be solved applying the concept of annuity, keep in mind that an annuity is a formula which allows you to calculate the future value of future payments affected by an interest rate.by definition the future value of an annuity is given by:

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3 years ago

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mojhsa [17]

Answer:

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Explanation:

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2 years ago

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snow_lady [41]

Answer:

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Explanation:

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