What are footings in accounting, Accounting Basics

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What are footings in accounting

Response to the following questions:

1. Explain how a trial balance and a balance sheet differ.

2. Explain why the term debit doesn't always mean "increase" and why the term credit doesn't always mean "decrease."

3. What are footings in accounting?

4. How are the three financial statements shown in this chapter connected?

5. What is a compound entry?

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Accounting Basics: What are footings in accounting

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Accounting Basics: What are footings in accounting

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