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Thx a lot. I understood.
Okay. But how can i determine it? Related to F3 study text there are following rules:
Dr+ entry shows increase in:
1) Assets
2) Expenses
3) Losses
Cr+ entry shows increase in:
1) Capital
2) Income
3) Liability
According to these rule the does the opening inventory relate to expenses? (cause opening inventory shows in debit side)
