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The simplest form of journal is one with four columns. three columns. two columns. one column.
The simplest form of journal is one with TWO COLUMNS.
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Question
Asked 9/29/2015 6:10:53 PM
Updated 9/29/2015 6:30:59 PM
1 Answer/Comment
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The simplest form of journal is one with four columns. three columns. two columns. one column.
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jhennv
The simplest form of journal is one with TWO COLUMNS.
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Added 9/29/2015 6:30:59 PM
This answer has been confirmed as correct and helpful.
Confirmed by
Andrew.
[9/30/2015 3:44:28 AM], Rated good by
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Source documents begin the process of entering transactions in the accounting system
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Question
Not Answered
Updated 9/29/2015 6:38:26 PM
1 Answer/Comment
8
jhennv
Source documents begin the process of entering transactions in the accounting system. TRUE
Added 9/29/2015 6:38:26 PM
This answer has been confirmed as correct and helpful.
Confirmed by
Andrew.
[9/29/2015 7:19:26 PM], Rated good by
Andrew.
The general ledger is kept to supply management with desired information in summary form. TRUE FALSE.
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Updated 9/30/2015 3:15:49 AM
1 Answer/Comment
8
jeifunk
M
The general ledger is kept to supply management with desired information in summary form. TRUE.
Added 9/30/2015 3:15:36 AM
This answer has been confirmed as correct and helpful.
A fiscal year is always the same as the calendar year.
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Question
Updated 9/29/2015 8:02:22 PM
1 Answer/Comment
8
alfred123
A fiscal year is always the same as the calendar year. FALSE.
Added 9/29/2015 8:02:22 PM
This answer has been confirmed as correct and helpful.
Confirmed by
yumdrea
[9/29/2015 9:15:36 PM]
The main advantage of a two-column account is that it maintains a running balance. true or false?
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Question
Updated 9/30/2015 3:19:32 AM
1 Answer/Comment
8
jeifunk
M
The main advantage of a two-column account is that it maintains a running balance. FALSE.
Added 9/30/2015 3:19:30 AM
This answer has been confirmed as correct and helpful.
The process of copying the debits and credits from the journal to the ledger accounts is known as journalizing. true or fasle?
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Question
Updated 9/30/2015 3:26:45 AM
1 Answer/Comment
8
Andrew.
M
The process of copying the debits and credits from the journal to the ledger accounts is known as journalizing. FALSE.
Added 9/30/2015 3:26:45 AM
This answer has been confirmed as correct and helpful.
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