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Study questions for chapter 3 of intermediate accounting i, focusing on accounting concepts such as events, transactions, real and nominal accounts, general and subsidiary ledgers, journal entries, posting, trial balance, adjusted trial balance, post-closing trial balance, adjusting entries, balance sheet, income statement, cash flows statement, statement of retained earnings, and closing entry. Students are asked to define or describe various accounting terms and identify normal balances for different account types.
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ACCT 301 - Intermediate Accounting I Spring 2002 Chapter 3 quiz study questions