Question 6 Not yet answered Marked out of 1.00 Flag question General Ledger is also...

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Accounting

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Question 6 Not yet answered Marked out of 1.00 Flag question General Ledger is also known as? O a. Source document. O b. T Account. O c. Voucher. O d. Book of oreginal entry. Question 7 Not yet answered Marked out of 1.00 P Flag question Which of the following accounts normally has credit balance? O a. Prepaid Rent. O b. Return Inwards. O c. Motor vehicles. O d. Wages Outstanding. Question 8 Not yet answered Marked out of 1.00 Flag question Which accounts belong in the accounts payable ledger? O a. None. O b. Customer Accounts. O c. Sale Accounts. O d. Supplyer Account. Question 9 Not yet answered Marked out of 1.00 Flag question The T-account is used to summarize which of the following? O a. Debit and credit to a single account in the accounting system. b. Increase and decrease to a single account in the accounting system. O c. Changes in specific account balances over a time period. O d. All of the describe how T-accounts are used by accountants. Question 10 Not yet answered Marked out of 1.00 P Flag question A Trial balance which shows equal totals for both debit and credit columns? O a. Shows that the arithmetic is correct, but errors may still be present in the bookkeeping system. O b. Shows that there must be more than one error within the bookkeeping system. O c. Shows that the bookkeeping system is free of errors. O d. Shows that there is only one error within the bookkeeping system

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