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Make an entry for every account transaction

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Reference no: EM131620839

Question: 1. Make an entry for every account transaction.

2. Enter the date, the amount of the check or debit, the person or company that will receive the check or debit, and the purpose of the check or debit.

3. Subtract the amount of the check or debit from the previous balance to obtain the new balance.

4. For handwritten checks with stubs, carry the new balance forward to the next stub.

Reference no: EM131620839

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