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Journalizing must be done daily.

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14y ago

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Statements best describes a chart of accounts?

dont know..i cant find and answer my self//////


What is the term that best describes When the vendor cashes the expenditure check and money flows from the Treasury to the vendor or supplier?

The term that best describes this process is "disbursement." It refers to the act of paying out money, particularly in the context of a transaction where a vendor cashes a check, resulting in funds being transferred from the Treasury to the vendor or supplier. This completes the financial obligation for goods or services received.


What phrase best describes the basis of income tax?

Which phrase best describes the basis of seals taxes


Does ATM receipt show overdraft?

An ATM receipt typically does not explicitly indicate whether an account is in overdraft. It generally provides details about the transaction, such as the amount withdrawn, account balance after the transaction, and any fees incurred. If your account is overdrawn, the balance displayed may reflect this, but the receipt itself usually won't label it as an overdraft. To confirm overdraft status, it's best to check your online banking or account statements.


Is there a charge for bank statements?

Whether there is a charge for bank statements depends on the bank and the type of account you hold. Many banks provide electronic statements for free, while some may charge a fee for paper statements or for additional copies. It's best to check your bank's fee schedule or contact customer service to understand any potential charges related to statements.