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Matching Matching a. Internal Controls b. Book Value c. Cash Short and Over Account d. Fieeal Pertod e. Jncome Summary-Aceount f Naturat g. NSF check
Matching
Matching a. Internal Controls b. Book Value c. Cash Short and Over Account d. Fieeal Pertod e. Jncome Summary-Aceount f Naturat g. NSF check h. Change Fund i. Petty Cash Fund j. Temporary Account 1. A check drawn against an account in which there are non-sufficient funds d2. The period of time that covers a complete accounting cycle A small amount of cash for making payments for such items as postage and office supplies A fiscal year ending at the business's lowest point of activity The procedures used within a company to protect assets and produce accurate financial statements An account whose balance is not carried over, but is closed to the owner's capital account 3. 4. 5. 6. 7. The difference between an asset's cost and its accumulated depreciation 8. An amount of money that is maintained in the cash register for making change for cash An account used to bring the Cash account into agreement with the actual amount of cash on hand. customers 9. e-10. A clearing account used to summarize the balances of revenues and expenses that is used during the closing process Step by Step Solution
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