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Your friend has come to you for advice on how to record a transaction in...

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Accounting

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Your friend has come to you for advice on how to record a transaction in their accounting records for their proprietorship. 1) Use what you have learned in Chapter 4 to explain what is done at each step up to preparing the trial balance. 2) How would you go about detecting the error(s) if a trial balance resulted in total debits of $23,500 and total credits of $22,700 Minimum 100 words

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