Mastering Journal Entries for Accounting Exam
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Your accounting final is a multiple-choice trap designed to expose if you're just guessing.
The study guide deliberately hides the answer choices so you have to actually learn the logic
behind the journal entries. The only cheat code you need to memorize is DEA LER.
Dividends, Expenses, and Assets are debits. Liabilities, Equity,
and Revenue are credits. If you know that natural balance, you pass.
Also, stop wasting time calculating bond market prices with discount factors
because that is officially off the exam. Focus on the journal entry banks where
one account can be the answer for five different questions. Master the logic now or you will
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