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If you need to set up direct deposit which infWhich transaction occurred because you wrote a check that bouncedormation from your check would you likely need?
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What will be accounting entry when a purchase order is created?
There is no journal entry required when purchase order is created because no accounting transaction occurred until received any inventory or product.
Why is a journal sometimes called original entry?
Because as soon as any business transaction occurred first of all it is recorded in journal and after that it is summarized in different ledgers that's is why it is called book of original entry.
Do quotations get entered in to accounts and why?
No. Because it is not a transaction or a source document
Why are transaction accounts the most liquid of all funds?
because there is alot of different types of transactions going in and out the account
What means of debit?
A Debit is a transaction wherein money is debited or withdrawn or taken out from your bank account. For Ex: You use your ATM card to withdraw money from an ATM, this transaction will be reflected as Debit in your account because you have taken money from your account.
What will be accounting entry when a purchase order is created?
There is no journal entry required when purchase order is created because no accounting transaction occurred until received any inventory or product.
Why do you have to record transactions twice while they occur only once?
A transaction that occurred once may or may not happen again. The transaction record serves as a documentation that such an even occurred. It is recorded twice or sometimes thrice (like receipts & sales invoice) because the copies are intended for documentation of these 3 individuals:the customer/ clientthe contractor/ supplierthe bookkeeping department/ consignee company/ tax filing purposes
Why is a journal sometimes called original entry?
Because as soon as any business transaction occurred first of all it is recorded in journal and after that it is summarized in different ledgers that's is why it is called book of original entry.
What is transaction alliance?
The term transaction alliance refers to a mutual agreement of support between two entities. The alliance is in place because of a transaction that took place.
Is there a sentence using the word transaction?
"Because the man lost his account information, he was unable to make a bank transaction."
How would you use the word transaction in a sentence?
"Because the man lost his account information, he was unable to make a bank transaction."
Does bartering have lower transaction costs?
No the transaction cost of bartering is higher because in this various types of cost ared included.
Udp is said to be based?
UDP is said to be transaction-based, because it focuses only on the transaction of data. Not on the connection like TCP does.
Do quotations get entered in to accounts and why?
No. Because it is not a transaction or a source document
What tragedy occurred because of implementing safety conditions in industry?
Tragedies occurred because of failing to implement safety conditions in industry.
Are business terms exclusively for commercial transaction?
yes, it is exclusively for commercial transaction, because it helps your business to earn more money and become more competitive.
How can a business be affective in closing a business transaction?
the business english i affective in closing a business transaction because of communicating to other that you need to close a business you have.If you don't know how to communicate in a business form they cant know that you are closing a business transaction
