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 
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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 
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Question 3 of 35 
1.0 Points 
Trust money may include mo...
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