Discuss how to prepare journal entries along with the application of the accounting equation.

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Discuss how to prepare journal entries along with the application of the accounting equation. The Quiz for this unit will cover material from Chapters 2 and 3 in your textbook. Please note that since the learning process in accounting requires that each concept builds on the previous there may be material covered from previous chapters as well. For this reason, the Quiz may appear comprehensive in nature. There is a total of 25 questions worth one point each.

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