MIXMAX Group, A large business establishment making its presence across four countries, with interests in over twenty diversified business verticals. This continuous growth is a testament to the strong leadership and vision of its Management Team, which was equally supported by a team of qualified professionals. The Group endeavors to maintain these relationships by remaining true to its core values of Excellence, Innovation, Integrity, Responsibility and Seamless Integration.

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Archive: July 27, 2022

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July 27, 2022
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Debits and Credits Normal Balances, Permanent & Temporary Accounts

The debit or credit balance that would be expected in a specific account in the general ledger. For example, asset accounts and expense accounts normally have debit balances. Revenues, liabilities, and stockholders’ equity accounts normally have credit balances. A trial balance is an important step in the accounting process, because […]

July 27, 2022
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