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FAC1503 ASS 2 2023 DU TOIT question and answers spring 2023 100% verified answers
Exam (elaborations) • 26
pages
• 2023
Part 1 of 5 - Question 1 of 35

1.0 Points

The advocate’s journal is used to record those transactions that cannot be recorded in anyof theother journals. True

False

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Question 2 of 35

1.0 Points

The individual amounts in the books of prime entry are posted to the personal accounts of theclients and trust creditors in the subsidiary ledgers, and do not form part of the double entrysystem. True

False

Reset Selection

Question 3 of 35

1.0 Points

Trust money may include mo...
FAC1503 ASS 2 2023 DU TOIT question and answers spring 2023 100% verified answers
Last document update:
ago
Part 1 of 5 - Question 1 of 35

1.0 Points

The advocate’s journal is used to record those transactions that cannot be recorded in anyof theother journals. True

False

Reset Selection

Question 2 of 35

1.0 Points

The individual amounts in the books of prime entry are posted to the personal accounts of theclients and trust creditors in the subsidiary ledgers, and do not form part of the double entrysystem. True

False

Reset Selection

Question 3 of 35

1.0 Points

Trust money may include mo...
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