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what is account Related: Introduction to Accounting - Class 11 - Acco...
In bookkeeping, an account refers to assets, liabilities, income, expenses, and equity, as represented by individual ledger pages, to which changes in value are chronologically recorded with debit and credit entries. These entries, referred to as postings, become part of a book of final entry or ledger. 
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what is account Related: Introduction to Accounting - Class 11 - Accountancy?
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what is account Related: Introduction to Accounting - Class 11 - Accountancy? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about what is account Related: Introduction to Accounting - Class 11 - Accountancy? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for what is account Related: Introduction to Accounting - Class 11 - Accountancy?.
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