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10) Lettering an account means: (Select 13pts) O Keeping the same balance in the general legder account and reducing the subsidiary ledger accounts to their
10) Lettering an account means: (Select 13pts) O Keeping the same balance in the general legder account and reducing the subsidiary ledger accounts to their real values o Keeping the same balance in the subsidiary legder account and reducing the general ledger accounts to their real values Keeping the same balance in the general legder account o Keeping the same balance in the subsidiary legder account 11) By investing in Equity securities (Stocks) the investor is more sure that he will be receiving his earnings (3pts) compared to investing in Debt securities (Bonds) True False 12) When a company buys several assets as a group and pays a lump-sum amount, the purchase price should be allocated between the components on the basis of the proportion of Select 130 The Cost value of each The Replacement value of each All of the above None of the above
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