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Debits and credits — AccountingTools

Noncurrent assets are also referred to as long-term assets. Depending on the type of asset, it may be depreciated, amortized, or depleted. Stocks, bonds, mutual funds, bank deposits, investment accounts, …


General Ledger Reconciliation and Analysis

General ledger accounting software Their purpose is separate and the methods of recording information in each are different. The credits and debits are recorded in ageneral ledger, where all account …