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Entering transactions into the journal is called posting.
Entering transactions into the journal is called posting. True or false: 1. A net income of $10,000 means that the business received $10,000 more in cash from its customers than it spent to run the business. 2. Accounts Receivable and Accounts Payable are used when there is a time delay between a transaction and its related cash flow. 3. The journal is a chronological record of all transactions. 4. Entering transactions into the journal is called posting. 5. In a journal entry, assets are always recorded before liabilities. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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30 May 2016
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Entering transactions into the journal is called posting.
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