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If you are in a job in which you even need to consider that question, I would suggest quitting, ASAP!

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14y ago

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Related Questions

Do quotation get entered into accounts?

NO


Do quotations get entered in to accounts and why?

No. Because it is not a transaction or a source document


Why is a business transaction entered in at least two accounts?

A business transaction is entered in at least two accounts since it will often be a double entry. For instance buying a car will add on the company assets but reduce on the finances of the company.


Who entered the village of the Delaware one morning?

In the book The Last of the Mohicans, Magua entered the village of the Delaware one morning.


The general ledger is a book of?

accounts


Why are transactions recorded in the journals before being entered in the ledger accounts?

Journal is called the book of original entry because it is the first step as per the definition of accounting as well after that transactions are summarized into different ledgers etc.


Can you switch a webkinz to a different acaont on webkinz.com?

No, once a Webkinz is entered on an account, there is no moving it to other accounts.


What is an account book?

An account book is a book in which financial accounts are kept - also called a ledger.


How many years book of accounts preserve for?

Noramally books of accounts are preserved for five years


Which ledger contain control accounts?

A general ledger contains control accounts. This type of accounting system allows for more detailed accounting details to be entered into a separate ledger altogether.


Is closing entries normally entered in the general journal and then posted to the work sheet?

Closing entries are normally entered in the general journal to zero temporary and nominal accounts. They do not need to be posted to the worksheet.


What is an account ledger?

A book or other collection of financial accounts.