Ledger Study guides, Revision notes & Summaries
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Peregrine Exam Study Guide | Questions with 100% Correct Answers | Verified | Latest Update 2024
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What is a general ledger? - A general ledger account is an account or record used to sort, store and 
summarize a company's transactions. 
asset accounts such as Cash, Accounts Receivable, Inventory, Investments, Land, and Equipment 
liability accounts including Notes Payable, Accounts Payable, Accrued Expenses Payable, and Customer 
Deposits 
stockholders' equity accounts such as Common Stock, Retained Earnings, Treasury Stock, and 
Accumulated Other Comprehensive Income 
What is the differen...
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Sage Intacct Implementation Exam Questions with 100% Correct Answers
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General Ledger: What rolls an account's ending balance, for each reporting period into the retained earnings accounts, effectively making the balance forward for the account zero? Correct Answer Non-closing accounts 
 
General Ledger: What GL configuration option prevents users from entering a journal entry or other transaction that does not balance for the current dimension? Correct Answer Enforce JE balancing 
 
General Ledger: What does an entity translate to for transacting in a multi-entit...
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Information Technology Management C954 | 780 Questions and Answers(A+ Solution guide)
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3D printing - Builds—layer by layer in an additive process—a three-dimensional solid object from 
a digital model. 
acceptable use policy (AUP) - A policy that a user must agree to follow in order to be provided 
access to a network or to the Internet. 
access point (AP) - The computer or network device that serves as an interface between devices 
and the network. 
accessibility - Refers to the varying levels that define what a user can access, view, or perform 
when operating a system. 
acc...
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FAC1501 ASSESSMENT 6 SEMESTER 1 2024 SEARCHABLE Mekgoe Florist is situated in the Western Cape. The business is a registered VAT vendor and makes use of the perpetual inventory system. During the month of March 2024, Mekgoe Florist maintained a favourabl
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FAC1501 ASSESSMENT 6 SEMESTER 1 2024 SEARCHABLE 
 
Mekgoe Florist is situated in the Western Cape. The business is a registered VAT vendor and makes use of the perpetual inventory 
system. During the month of March 2024, Mekgoe Florist maintained a favourable bank balance. The VAT rate is 15%. On 28 March 2024 Mekgoe Florist received a tax invoice of R3 790 (VAT exclusive) for the monthly vehicle insurance from Travelstar (registered VAT vendor) and paid the full amount owing with an electronic ...
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AP Knowledge test #1 Rutgers Tony Bell WITH 100% CORRECT SOLUTIONS
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Supply Chain 
A system of organizations, people, activities, information, and resource involved in moving 
a product or service from supplier to customer. 
 
 
 
Supply chain activities 
involve the transformation of natural 
resources, raw materials, and components into a finished product 
that is delivered to the end customer 
 
 
 
Supply chain management 
encompasses the planning and 
management of all activities involved in sourcing and procurement, 
conversion, and all logistics management...
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Test bank for auditing and assurance services 8th edition by louwers blay Thebodeau
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Test bank for auditing and assurance services 8th edition by louwers blay Thebodeau 
	 
CHAPTER 1 
MULTIPLE CHOICE - Choose the one alternative that best completes the statement or answers the question. 
1)	The audit objective that all transactions and accounts that should be presented in the financial statements are in fact included is related to which of the PCAOB assertions? 
 
A)	Existence. 
B)	Rights and obligations. 
C)	Completeness. 
D)	Valuation. 
 
 
 
2)	Cutoff tests designed to detect...
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ETS MFT BUSINESS EXAM | Answered Correctly! Summer 2022-23.
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ETS MFT BUSINESS EXAM 
 
The principal difference between variable costing and absorption costing centers on: 
 
a) whether variable manufacturing costs should be included as product costs 
 
b) whether fixed manufacturing costs should be included as product costs 
 
c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs 
 
d) none of these. 
 
General Bikes is debating which marketing research options to employ. The traditional p...
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MIE 201 Test 5 Makanui verified to pass 2023/2024
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MIE 201 Test 5 
accounting - correct answer the recording, measurement, and interpretation of financial information 
 
certified public accountant (CPA) - correct answer an individual who has been state certified to provide accounting services ranging from the preparation of financial records and the filing of tax returns to complex audits of corporate financial records 
 
forensic accounting - correct answer accounting that is fit for legal review, involves analyzing financial documents in sea...
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FAC1602 Assignment 1 Semester 1 2024 (SOLUTIONS)
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FAC1602 Assignment 1 Semester 1 2024 (SOLUTIONS) 
 
Question 1 
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Question text 
Mhlalkwana Dealers is in the business of selling leather jackets, at a price of R1 500 each, around the townships of 
KwaNdebele. The owner, Masango, was approached by a local clothing store called Thubana Clothing for a bulk sale. 
Mhlalkwana Dealers sold 18 jackets to Thubana Clothing on credit and this transaction was concluded on 31 
October 2023. 
This transacti...
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Sage Intacct Implementation Test Questions And Answers
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Sage Intacct Implementation Test Questions And Answers 
 
General Ledger: What rolls an account's ending balance, for each reporting period into the retained earnings accounts, effectively making the balance forward for the account zero? - ANSWER- Non-closing accounts 
 
General Ledger: What GL configuration option prevents users from entering a journal entry or other transaction that does not balance for the current dimension? - ANSWER- Enforce JE balancing 
 
General Ledger: What does an enti...
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