Question 7 of 30 1 Points The term "entity" refers to ... (1) a business...
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Question 7 of 30 1 Points The term "entity" refers to ... (1) a business entity. (2) an educational institution. (3) a religious institution. (4) a private household. Which one of the following options includes all the above possibilities that the term "entity" refers to? A. (1), (2) and (3) B. (1), (2), (3) and (4) C. (1), (3) and (4) D. (1), (2) and (4) Reset Selection Question 8 of 30 1 Points Which one of the following errors, is an error that will NOT be revealed by a trial balance? A. The balances in the ledger accounts have been incorrectly transferred to the trial balance. B. The balance of the ledger account has been incorrectly calculated. C. The trial balance has been incorrectly totalled. D. Errors of omission. Reset Selection Question 9 of 30 1 Points A cash receipts journal will be used to record A. cash sales made by the entity. B. credit purchases made by the entity. C. cash payments made by the entity. D. credit sales made by the entity
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