1. What are the benefits of using special-column common journals? When should they be installed in accounting?
2. In what aspects are unique magazines more suitable than unique content in the common journal?
3. What is the identifying aspect as to whether unique magazines should bemuse? Additional accounting ledgers? Managing accounts through accounting software’s?
4. Name the key unique magazines generally used?
5. Describe how a money purchase would be registered if all money invoices are joined in the money publication and all money expenses are placed in the revenue publication.
6. Is the common publication of any importance when specific magazines aroused?
7. Talk about the process for managing an enlighten small finance accounting when:
a. The finance is already founded,
b. Debts are paid from the finance.
c. The finance is rejuvenated.
8. What benefits outcome from the use of controlling records and subsidiary ledgers?
9. What are the resources of debits and breaks to the following controlling accounts?
A. instant Accounts receivable
6. Accounts payable
C. accounts Expense
10. In what aspects does the discount program contain functions of the unique journal? Of the unique ledger?
11. When is the set up of a discount program advisable? Inadvisable?
12. How is the history of accounting expenses modified when a discount system
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