Bookkeeping professional Study guides, Class notes & Summaries
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Intuit Bookkeeping Exam Update 2024- 2025 | Intuit Bookkeeping Professional Certificate Exam 2024-2025 Questions and Correct Answers Rated A+
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Intuit Bookkeeping Exam Update 2024- 
2025 | Intuit Bookkeeping Professional 
Certificate Exam Questions 
and Correct Answers Rated A+
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Test Bank for Accounting Principles 14th Edition by Jerry J. Weygandt, Paul D. Kimmel
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CHAPTER 1 
ACCOUNTING IN ACTION 
CHAPTER LEARNING OBJECTIVES 
1. Identify the activities and users associated with accounting. Accounting is an information 
system that identifies, records, and communicates the economic events of an organization to 
interested users. The major users and uses of accounting are as follows: (a) Management 
uses accounting information to plan, organize, and run the business. (b) Investors (owners) 
decide whether to buy, hold, or sell their financial interests on th...
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Intuit Bookkeeping Professional Certificate questions and answers
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Intuit Bookkeeping Professional Certificate questions and answers
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Intuit Bookkeeping Professional Certificate questions and answers
- Exam (elaborations) • 17 pages • 2024
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Intuit Bookkeeping Professional Certificate questions and answers
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INTUIT BOOKKEEPING PROFESSIONAL CERTIFICATE EXAM 2024 | ALL QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | LATEST VERSION (JUST RELEASED)
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INTUIT BOOKKEEPING PROFESSIONAL CERTIFICATE EXAM 2024 | ALL QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | LATEST VERSION (JUST RELEASED)
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INTUIT BOOKKEEPING PROFESSIONAL CERTIFICATE QUESTIONS WITH 100% CORRECT ANSWERS!!
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INTUIT BOOKKEEPING PROFESSIONAL CERTIFICATE QUESTIONS WITH 100% CORRECT ANSWERS!!
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INTUIT BOOKKEEPING PROFESSIONAL CERTIFICATE EXAM AND PRACTICE QUESTIONS WITH DETAILED VERIFIED EXAM WITH DETAILED VERIFIED ANSWERS (100% CORRECT) ALREADY GRADED A+
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INTUIT BOOKKEEPING PROFESSIONAL CERTIFICATE EXAM AND PRACTICE QUESTIONS WITH DETAILED VERIFIED EXAM WITH DETAILED VERIFIED 
ANSWERS (100% CORRECT) ALREADY 
GRADED A+
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Intuit Bookkeeping Professional Certificate Latest Update 2024-2025 350+ Questions and 100% Verified Correct Answers Guaranteed A+
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Intuit Bookkeeping Professional Certificate Latest Update + Questions and 100% Verified Correct Answers Guaranteed A+
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Intuit Bookkeeping Professional Certificate Exam with Solutions To Questions
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What are the 5 Account Types? - - Assets 
- Liabilities 
- Equity 
- Revenue 
- Expenses 
What is the accounting formula? - Assets = Liabilities + Equity 
What does DEA/LER stand for? - - Debit 
Expenses and Assets 
- Credit 
Liabilities 
Equity 
Revenue
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Intuit Bookkeeping Professional Certificate questions and answers 2023-2024
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Intuit Bookkeeping Professional Certificate questions and answers 2023-2024
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Intuit Academy Bookkeeping Professional Certificate: Bookkeeping Basics Exam Study Guide Questions All Answered
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The Accounting Principle - You can't mix business and personal assets or expenses. 
Accounting Equation - Assets = Liabilities + Owner's Equity 
or 
Assets - Liabilities = Owner's Equity 
Expanded Accounting Equation - Assets = Liabilities + Equity + Revenue - Expenses - 
Dividends 
The Five Account Types - Assets, Liabilities, Equity, Revenue, Expenses 
Normal balance of the five account types - Assets- Normal Dr balance 
Expenses- Normal Dr balance 
Dividends- Normal Dr balance 
Equity- Nor...
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