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Hello could you please help me with these questions 9 Which of the following statements concerning the standard general ledger is true or false 9A
Hello could you please help me with these questions
9 | Which of the following statements concerning the standard general ledger is true or false |
9A | - The general ledger contains the account for asset liabilities and equity |
9B | - A general ledger and balance sheet are the same |
9C | - At any point in time, the sum of debit and the sum of the credit in a general ledger will |
9D | - A statement of financial position cannot be prepared from the General ledger |
9E | - A general ledger does not contain all the accounts in the accounting system |
9F | - A general ledger is the basic infrastructure of an accounting system |
9G | - The cash flow statement is not prepared from information in the general ledger |
11A | In a general ledger, liabilities are generally incurred and recorded owed by the customer to a company. True or false |
12 | In a general ledger, assets are generally incurred and recorded as a result of ? |
13 | Is paying an outstanding insurance policy is an asset or liability? |
14 | Is paying an outstanding invoice is asset or liabilities? |
15 | Is selling goods to its customer an asset or a liability? |
16 | is paying off outstanding debt an asset? |
17 | Equipment repair should be classified as |
18 | Cost of inventory should be classified as |
19 | Utility bills should be classified as |
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