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  • Feb 6, 2011, 01:21 PM
    jcbobit
    Journalize
    Natalie cashes her U.S. Savings Bonds and receives $520,which she deposits in her personal bank account journalize and post
  • Feb 6, 2011, 03:09 PM
    pready

    There is no journalizing and posting of this transaction because the person cashed a U.S. Savings Bond for her pesonal use.

    Journalizing and posting only applies to transaction that affects an organization.

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