The classes/categories of account that are always Credited except when closing, correcting error, reversing entries or making a mistake are;
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The classes/categories of account that are always Credited except when closing, correcting error,
reversing entries or making a mistake are;
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- The classes/categories of account that are always debited except when closing, correcting error, reversing entries or making a mistake are;The Maintain; Chart of Accounts window can be used to revise accounts in the chart of accounts. Question 15 options: True FalseExample of posting reversing entries in the ledger.
- When it comes to accounts, what is the difference between inactive and dormant?From the list of assertions provided, select the relevant assertion(s) to each control objective. There are controls in place that will prevent or detect the omission of transactions from the books and records of the organization. O accuracy O occurrence O cut-off a completeness O rights and obligations O accuracy, valuation and allocation O existence O classification There are controls in place to ensure that the correct amounts are assigned to the transactions. O classification O occurrence O completeness O cut-off accuracy, valuation and allocation existence rights and obligations 2 accuracyPlease help me with this accounting question problem , image is clear pls download if no visible
