FAC 1503
University Of South Alabama
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FAC1503 ASS 2 2021 DU TOIT question and answers
- Exam (elaborations) • 26 pages • 2023
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Part 1 of 5 - Question 1 of 35
1.0 Points
The advocate’s journal is used to record those transactions that cannot be recorded in anyof theother journals. True
False
Reset Selection
Question 2 of 35
1.0 Points
The individual amounts in the books of prime entry are posted to the personal accounts of theclients and trust creditors in the subsidiary ledgers, and do not form part of the double entrysystem. True
False
Reset Selection
Question 3 of 35
1.0 Points
Trust money may include mo...
Exam (elaborations)
FAC1503 ASS 2 2021 DU TOIT question and answers
Last document update:
ago
Part 1 of 5 - Question 1 of 35 1.0 Points The advocate’s journal is used to record those transactions that cannot be recorded in anyof theother journals. True False Reset Selection Question 2 of 35 1.0 Points The individual amounts in the books of prime entry are posted to the personal accounts of theclients and trust creditors in the subsidiary ledgers, and do not form part of the double entrysystem. True False Reset Selection Question 3 of 35 1.0 Points Trust money may include mo...
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