What is meant by narration? O a. A brief calculation of the assets O b. A brief assessment of the capital of the business O C.A brief description about the transaction O d. A brief computation of the revenue

What is meant by narration? O a. A brief calculation of the assets O b. A brief assessment of the capital of the business O C.A brief description about the transaction O d. A brief computation of the revenue

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter1: Asset, Liability, Owner’s Equity, Revenue, And Expense Accounts

Section: Chapter Questions

Problem 5E: Describe a transaction that resulted in each of the following entries affecting the accounting...

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What is meant by narration?
O a. A brief calculation of the assets
O b. A brief assessment of the capital of the business
O C.A brief description about the transaction
O d. A brief computation of the revenue

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