Question
QUESTION 2 When using UBS accounting software for the first time, users need to create the chart of account Explain the unique numbering code in
QUESTION 2
When using UBS accounting software for the first time, users need to create the chart of account
- Explain the unique numbering code in UBS accounting software
(6 marks)
- Suggest a suitable code for the following accounts
CAPITAL
FIXED ASSETS
TRADE DEBTORS
BANK
TRADE CREDITORS
SALES
(12 marks)
- After the account has been created, web need to enter the opening balance. Describe the step taken to enter the opening balance using the account listed in part b.
(12 marks)
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Managerial Accounting
Authors: Paul E. Dascher, Jerry R. Strawser, Robert H. Strawser, Ronald M. Copeland
8th Edition
0873937643, 978-0873937641
