Accounting Procedures
Keeping a log of financial information in the books of original entries is called:
Author: rikazzz Comment
Accounting Procedures
The process of recording data relating to accounting transactions in accounting books is called?
Author: rikazzz Comment
Accounting Procedures
The process of recording transactions in different journals is called:
Author: rikazzz Comment
Accounting Procedures
Discount allowed is a kind of deduction from:
Author: rikazzz Comment
Accounting Procedures
Where would a debit posted to accounts payable in the general ledger come from?
Author: rikazzz Comment
Accounting Procedures
What is the name given to a group of accounts that have a common characteristic, such as all customer accounts?
Author: rikazzz Comment
Accounting Procedures
The act of transferring information from the general journal to the general ledger is called:
Author: rikazzz Comment
Accounting Procedures
The general journal is a book of what type of entries?
Author: rikazzz Comment
Accounting Procedures
Which of the following is not an acceptable statement of the basic accounting equation?
Author: rikazzz Comment
Accounting Procedures
Usually, what asset account in a company’s ledger is the most liquid?
Author: rikazzz Comment