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What are two of the four accounts in the general ledger which need to be updated with adjusting entries?

cash and rent expense


What of the two of the four accounts in the general ledger which need to be updated with adjusting entries?

cash and rent expense


Closing entries are necessary to a business so?

the accounts in the general ledger are updated and ready for the next fiscal period.


Account has been updated or accounts has been updated?

It'e been updated


What the accontants do for small business?

he keeps the financial accounts updated


How do you make Twitter update automatically?

Automatically updated Twitter accounts (such as clock accounts) use API.


How do you prevent overdue accounts in the accounting business?

A Chart of Accounts is more than a list of General Ledger Accounts. A functional Chart of Accounts is: (1) the center of the financial record keeping process (2) a 'posting map' for recording financial...What_do_you_do_if_you_have_an_overdue_accountWhere an overdue account showing on your file has been paid but not updated, call the credit provider and request they contact the credit agency to make the correction. Your file will be updated...Is_accounts_receivable_a_real_account_in_accounting_and_is_goodwill_a_real_account_in_accountingReal accounts, i.e. Balance Sheet accounts are ongoing perpetual records and represent "real" items; cash, receivables, inventories, accounts payable, invested capital, etc., etc. Accounts receivable...


What are Twitter bots?

Accounts which are updated automatically by a computer rather than a person.


What is the job description of collectors?

A collectors job description includes; following payment commitments, identifying delinquent accounts and calling when payment is late, keeping the Department Manager updated on problem accounts and to provide customer service to customers.


When an accounting change is reported under the retrospective approach account balances in the general ledger?

are closed out and then updated


Must a chart of accounts prepared at the start of every accounting cycle for every financial period?

Generally the answer to this question is no, a chart of accounts does not have to be set up for every financial cycle, usually the chart of accounts is set up in the beginning of the business, when the business is first created, it is updated periodically too allow for new accounts to be added to the chart, but it is not set up each cycle from scratch.


What is the typical CD interest rate at this time, and how does it compare to money market accounts?

Interest rates change daily on CD's. The best place to check for updated daily interest rates is the site bankrate.com. You can compare how these rate against Money Market Accounts as well.