155. List the steps in processing transactions. 156. Describe source documents and their purpose. 157. Explain how accounts are used in recording information about transactions. 158....





155. List the steps in processing transactions.







156. Describe source documents and their purpose.







157. Explain how accounts are used in recording information about transactions.





158. Explain the difference between a general ledger and a chart of accounts.







159. Explain debits and credits and their role in the accounting system.









160. Explain the debt ratio and its use in analyzing a company's financial condition.















May 15, 2022
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