Bookk - Study guides, Class notes & Summaries
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BBK99E1 Practical Final Exam Answers Sheet - Basic Bookkeeping Level 1 F I N A L EX A M.
- Exam (elaborations) • 29 pages • 2024
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BBK99E1 Practical Final Exam Answers Sheet - Basic Bookkeeping Level 1 F I N A L EX A M. Mar 11 Gerald Hemmings GH0468 17,250.00 15,000.00 1,200.00 1,050.00 
 Mar 12 Fred Milsom FM4568 1,587.00 1,380.00 110.40 96.60 
 Mar 17 Mark Mower MM0567 365.70 318.00 25.44 22.26 
TOTAL 19,202.70 16,698.00 1,335.84 1,168.86 
XY Consumer Products 
PURCHASES JOURNAL PJ01 
Date 
2003 Vendor 
Vendor 
No. 
Acc Pay Purchases GST ITC Travel 
& Ent. 
Office 
Supplies 
Acc. # 
General Ledger 
Cr. Dr. Dr. Dr. Dr. Dr....
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Answers for the Final Exam of BBK99E1 Basic Bookkeeping Level 1: Practical Exam
- Exam (elaborations) • 9 pages • 2024
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Answers for the Final Exam of BBK99E1 Basic 
Bookkeeping Level 1: Practical Exam 
The following is the name of a schedule that includes every account 
required to create financial statements: - The General Ledger 
should be your CORRECT response. 
Rearranging journal entries and classifying them according to 
account means that: - you should be posting to the ledger with your 
CORRECT answer. 
A listing of the names of the accounts that a company has identified and made 
available for re...
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Professional Bookkeeping with QuickBooks Online Questions with complete solution 2024
- Exam (elaborations) • 23 pages • 2024
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Professional Bookkeeping with QuickBooks Online Questions with complete solution 2024 Professional Bookkeeping with QuickBooks Online, Bookkeeping Certification Course, AAT LEVEL 2 INTRO TO BOOKKEEPING 
 
Keeping track of the business transactions of your employer or clients - correct answer What is the primary role of a bookkeeper? 
 
Set compensation for employees - correct answer The key duties of a bookkeeper? 
 
You usually have a great opportunity to gain breadth of experience as a boo...
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Full-Charge Bookkeeping For the Beginner, Intermediate & Advanced Bookkeeper Home Study Course Edition
- Other • 173 pages • 2025
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Full-Charge Bookkeeping 
For the Beginner, Intermediate & Advanced Bookkeeper 
Home Study Course Edition 
Full-Charge Bookkeeping 
For the Beginner, Intermediate & Advanced Bookkeeper 
Home Study Course Edition
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Penn Foster: Bookkeeping Latest Update Graded A+
- Exam (elaborations) • 9 pages • 2024
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Penn Foster: Bookkeeping Latest 
 
Update Graded A+ 
 
How is a purchase order used in bookkeeping? 
 A purchase order is used to document and authorize the purchase of goods or services, and it 
helps ensure that transactions are recorded accurately when the invoice is received. 
 
What is the purpose of a debit memo? 
 A debit memo is used to adjust an account balance by increasing the amount owed or 
reducing the amount recorded, often due to a returned product or a billing error. 
 
How do y...
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AES Bookkeeping Question and answers rated A+ 2024
- Exam (elaborations) • 21 pages • 2024
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AES Bookkeeping Question and answers rated A+ 2024 AES Bookkeeping, bookkeeping level 2 terms, Lecture 8 - Recondring Financial Transactions (Double Book Keeping) 
 
When should daysheets be updated? - correct answer As each transaction takes place 
 
Which manual bookkeeping system has a built-in way to check for errors? - correct answer Double-entry system 
 
In which of the following ledgers must an outstanding patient balance be recorded? - correct answer Both the patient ledger and th...
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Bookkeeping basics Question and answers verified to pass 2024
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Bookkeeping basics Question and answers verified to pass 2024 Bookkeeping basics, Bookkeeping Fundamentals, Accounting Coach: Bookkeeping 
 
What does a bookkeeper typically do? - correct answer Bookkeepers have many responsibilities which include, record financial transactions, reconcile bank accounts and manage bank feeds, manage accounts receivable, work with tax preparers and assist with tax compliance, and generate financial statements. 
 
Honesty - correct answer As a bookkeeper, you ...
Intuit Bookkeeping: Comprehensive Study Guide With Correct Solutions
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Bookkeeping Question and answers already passed 2024
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Bookkeeping Question and answers already passed 2024 Bookkeeping-Accounting, Bookkeeping Vocabulary, Bookkeeping - Lesson 1, Recording Business Transactions, Advanced Bookkeeping 
 
Accounting - correct answer The process by which financial information about a business is recorded, classified, summarized, interpreted, and communicated to owners, managers, and other interested parties. 
 
Accounting Standards Codification - correct answer The source of authoritative U.S. GAAP 
 
Accounting S...
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Bookkeeping Terms Question and answers already passed 2024
- Exam (elaborations) • 56 pages • 2024
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Bookkeeping Terms Question and answers already passed 2024 Bookkeeping Terms, Accountancy, Coursera Intro to accounting (bookkeeping, Bookkeeping Ch 1-6 
 
Journal - correct answer Record of financial transaction from original documents ( checks, receipts, invoices) 
 
Chart of accounts - correct answer Acts like folders where specific transactions are placed 
 
Assets - correct answer anything of value owned by a business 
 
Liabilities - correct answer amounts owed by the business 
 
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