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This section explains the effect of posting debit and credit entries against the different areas of the general ledger.
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Asset
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Increases
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Decreases
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Liability
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Decreases
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Increases
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Income
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Decreases
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Increases
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Expense
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Increases
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Decreases
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Further information
Accounts Security
Account Inquiry
Clear the Historical Balancing Account
Credit Cards
Creditors
Debtors
Advanced Creditors
Suggested End Of Month Procedures
End of Financial Year
Enter a Capital Asset
Enter Child Support Payments
Enter Government Support Payments
Purchase a Capital Asset Under Finance
General Journals
General Ledger
GST Sessions and the BAS
Handle Paypal (and Similar)
Multicurrency Revaluations
Record Debtors/Creditors Contras
Rounding Issues
Sell a Company Asset
Set up a Loan Account
ATO Reportable Sub-Contractor Payments
Share Utility Expenses with other Businesses
Transaction Journal
Use Debtors and Creditors Adjustments
Recover Bad Debts
Withhold Tax
Write off a Bad Debt
Write off Fixed Asset
Work with Tax Codes in Jim2
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