0
What else can I help you with?
When establishing general ledger account opening balances will be 0?
true
When a business uses a subsidiary accounts receivable ledger there is no need to keep an accounts receivable account in the general ledger true or false?
False. Even when a business uses a subsidiary accounts receivable ledger, it still needs to maintain an accounts receivable account in the general ledger. The subsidiary ledger details individual customer transactions, while the general ledger provides a summary of total accounts receivable for financial reporting and reconciliation purposes. Both are necessary for accurate financial management.
When the trial balance indicates that the ledger is in balance you can assume there are no errors in the ledger is this true?
When the trial balance indicates that the ledger is in balance, you can assume there are no errors in the ledger. true or false
If the allowance method of accounting for uncollectible receivables is used what general ledger account is credited to write off a customer's account as uncollectible?
Allowance for Doubtful Accounts
What statement is a fact?
For a phrase to be a statement it needs to be true or false by all readers. 'The painting is beautiful' is an opinion and not a statement. For a statement to be considered a fact it must be true. 2+3 = 6 is a statement but not a fact. When you get applying this to real world situations this can be tricky. It is not a fact that smoking will give you cancer (since you may smoke and not get it) but it is a fact that the surgeon general says that smoking increases your risk in getting cancer.
The purchase day book is a part of the ledger statement are 'true' or 'false'?
False. The purchase day book is not a part of the ledger; it is a subsidiary book used to record all purchases made on credit. Entries from the purchase day book are later posted to the individual accounts in the general ledger.
When establishing general ledger account opening balances will be 0?
true
Draw a general statement that holds true for streetrees?
give the example of general statement were no streetrees
The preamble to the constitution is a statement of purpose but it does not have any laws?
true
A statement which is too general?
A general statement that is considered true and covers a broad range of knowledge is too general. This type of statement tends to be less useful than one that is specific.
When the trial balance indicates that the ledger is in balance you can assume there are no errors in the ledger is this true?
When the trial balance indicates that the ledger is in balance, you can assume there are no errors in the ledger. true or false
Is an opening statement that outlines the purpose of a constitution called the preamble?
True
What are the functions of general assembly?
they don't have a true purpose.
What is the first argument of an IF Statement called and what is its purpose?
The first argument of an IF statement is called the logical test. Its purpose is to evaluate a condition as either true or false. Based on the result of this test, the IF statement will execute different code blocks.
What is the purpose of for statement differ from while statement?
conditin are given in for statement they check one time either it true or false and in while statement they check again and again untell the condition false.
What is meant by the phrase as a general rule?
It means "most of the time", or "usually", and refers to the truth of a statement. The statement "As a general rule we hold our meetings on weekday evenings." means that the statement "We hold our meetings on weekday evenings" is usually true or true most of the time. There are exceptions where we meet on weekends or during the day, but mostly that statement is true.
What is the purpose do while statement differ from while statement?
In do while statement, no matter with condition at least one time true statement was run and then it ll check condition. When we need to run true block compulsory one time and then we want to check condition then do while statement useful rather than wile statement.
