nsaction in which only statements of Alex Greenway Co. Indicate in which financial statement(s) the following items would appear. (a) Service revenue. (e) Retained earnings. (b) Equipment. (f) Salaries and wages (in thousands). Determine the Use basic accounting equation. (LO 6)

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Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.