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Chapter 6

Chapter 6. The Sales/Collection Business Process. Chapter Objectives. Identify the characteristics of the traditional sales/collection process and related IT applications. Describe weaknesses in the traditional sales/collection process and IT application architecture.

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Adjusting Entries: Matching Accounting & Timing

Adjusting Entries: Matching Accounting & Timing Certain end-of-period adjustments must be made when you close your books. Adjusting entries are made at the end of an accounting period to account for items that don't get recorded in your daily transactions.

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1.21k views • 10 slides

Adjusting Entries: Matching Accounting & Timing

Adjusting Entries: Matching Accounting & Timing. Certain end-of-period adjustments must be made when you close your books. Adjusting entries are made at the end of an accounting period to account for items that don't get recorded in your daily transactions.

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302 views • 10 slides

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Traditional accounting system - PowerPoint PPT Presentation

Chapter 6

Adjusting Entries: Matching Accounting &amp; Timing

Adjusting Entries: Matching Accounting &amp; Timing

Adjusting Entries: Matching Accounting & Timing

Adjusting Entries: Matching Accounting & Timing