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TIẾNG ANH CHUYÊN NGÀNH 2

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Nội dung chi tiết: TIẾNG ANH CHUYÊN NGÀNH 2

TIẾNG ANH CHUYÊN NGÀNH 2

TIẾNG ANH CHUYÊN NGÀNH 2-chuyên ngành kê toánchequesand amounts paid in, not yet credited are used to prepare the bank reconciliation statement.unpres

TIẾNG ANH CHUYÊN NGÀNH 2sentedAchequeis one which the bank refuses to pay for various reasons.dishonoredA bad debt recovered account is used to record the recovery of bad deb

tsthefinancial year in which they were written off.afterA bank account with overdraft has a debit balance.FALSEA bank reconciliation statement is prep TIẾNG ANH CHUYÊN NGÀNH 2

ared tobetweenthe cash book and bank statement balances.reconcileA debit balance on the insurance account means that insurance premiums have been paid

TIẾNG ANH CHUYÊN NGÀNH 2

in advance.TRUEA debit balance on the insurance account means that insurance premiums have been paid in advance.TRUEA journal entry always includes a

TIẾNG ANH CHUYÊN NGÀNH 2-chuyên ngành kê toánchequesand amounts paid in, not yet credited are used to prepare the bank reconciliation statement.unpres

TIẾNG ANH CHUYÊN NGÀNH 2eason for the entry.narrativeA petty cash book voucher has to be completed andbefore payment is made.authorizedA prepaid expense is added to the expen

se item from the trial balance.FALSEA prepaid expense is shown as a current asset in the balance sheet.TRUEA prepaid expense requires no year-end adju TIẾNG ANH CHUYÊN NGÀNH 2

stment.FALSEA prepaid income is an income received inofthe accounting period that it relates to.advanceA provision for doubtful debt is set at aofdebt

TIẾNG ANH CHUYÊN NGÀNH 2

ors.percentageA stale cheque might be a dishonored one.TRUEAof a debt may be written off as a bad debt if the debtor is not able to pay all of what is

TIẾNG ANH CHUYÊN NGÀNH 2-chuyên ngành kê toánchequesand amounts paid in, not yet credited are used to prepare the bank reconciliation statement.unpres

TIẾNG ANH CHUYÊN NGÀNH 2re theJournalor Journal Proper.GeneralAmounts due from debtors, which are individually written off should be debited to bad debts account.TRUEAmounts

paid in but not yet included in the bank statement are called unpresented cheques.FALSEAn accrual of expense remainsatthe end of that period.unpaidAn TIẾNG ANH CHUYÊN NGÀNH 2

accrued expense is shown amongst the liabilities in the balance sheet.TRUEAn accrued expense is shown as an amount due within 1 year in the balance sh

TIẾNG ANH CHUYÊN NGÀNH 2

eet.TRUEAn accrued expense represents an expense paid in advance.FALSEAn error in addition is one not affecting the trial balance agreement.FALSEAn er

TIẾNG ANH CHUYÊN NGÀNH 2-chuyên ngành kê toánchequesand amounts paid in, not yet credited are used to prepare the bank reconciliation statement.unpres

TIẾNG ANH CHUYÊN NGÀNH 2or understating the purchases amount would overstate gross profit.TRUEAn expense accrual appears in the balance sheet as acurrent liabilityAn expense

prepayment appears in the balance sheet as acurrent assetAn income accrual appears in the balance sheet as acurrent assetAn income prepayment appears TIẾNG ANH CHUYÊN NGÀNH 2

in the balance sheet as acurrent liabilityAny debt written off must be charged against the profit by means of aentryin the profit and loss account.deb

TIẾNG ANH CHUYÊN NGÀNH 2

itAny debts written off are a/anofthe business.expense

TIẾNG ANH CHUYÊN NGÀNH 2-chuyên ngành kê toánchequesand amounts paid in, not yet credited are used to prepare the bank reconciliation statement.unpres

TIẾNG ANH CHUYÊN NGÀNH 2-chuyên ngành kê toánchequesand amounts paid in, not yet credited are used to prepare the bank reconciliation statement.unpres

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