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Q. What is Date column in journal?
The first column on every journal page is for the date. Intended for the first journal entry on a page this column contains the year and month and day (number). For the entire other journal entries on a page this column contains only the day of the month until the month changes.
Explain any two concepts of accounting with examples
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Calculate the amount of interest for each of the following independent situations (assume 365 days per year): a)
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