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Cash Receipts Journals summaries all business receipts and cash slips issued. We look at the terms that identify whether a transaction needs to be recorded in the CRJ.
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The effect of CRJ transactions on th...
Cash receipt journal transactions affect the accounting equation in various ways such as cash that comes in as capital to increase owner's equity and receiving income from rendering services.
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Consolidation (Mixed Questions)
Prepare for all the exam questions using activities to practise how to encounter them better.
