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In accounting the first and most important step in the posting procedure is?

a.posting the amount b.posting the date c.posting the explanation d.recording the posting reference information the answer is a. posting the amount


The last step in the posting procedure is?

posting the amount


What is required of the executive in government accounting?

government accounting requires the executive to (1) state the amount, nature, and purpose of the planned expenditure and the taxes needed to fund it, (2) ask for and obtain approval from the legislature


Accounting past questions?

amount


How many units of accounting classes is usually required for an accounting student to take per semester?

The number of accounting classes required per semester can vary depending on the university and the accounting program. Generally, accounting students are advised to take around 12-15 units per semester to stay on track and graduate within a reasonable time frame. It's important to check with your specific university or program for their specific requirements.


How do debits and credits affect the accounting equation?

The debits in the accounting equation increase the amount that appears on the left side. The credits in the accounting equation do the opposite and increase any amount that appears on the right side.


The amount of money a business has to spend on accounting determines the number of ledgers used in an accounting system?

false


How many feet of baseboard should be ordered with 10 percent waste?

1.1 times the amount required.1.1 times the amount required.1.1 times the amount required.1.1 times the amount required.


A normal profit is considered a cost because?

This is the amount required to ensure continued supply of the product.


How do you prove cash accounting?

to prove cash you look at the amount of money you have and accounting books. if the value is equal then you have proved cash


How do you prove cash in accounting?

to prove cash you look at the amount of money you have and accounting books. if the value is equal then you have proved cash


What is an accounting cost?

An accounting cost is the total amount of money or goods expended in an endeavour, usually logged in journal entries and ledgers.