Define the general ledger process. What are the steps in the general ledger process? What reports...
a)What is the relationship between the General Journal and the General Ledger? Define both and explain how they are used. b) What are the steps in processing and recording business transactions? c) Explain how a proper journal entry should be written. d) What is the purpose of posting? How is it used?
Discuss by your own words, how the steps in the fulfillment process impact the general ledger accounts. Please no hand writing, please make sure you give a unique answer (not copied one) This question is from an Integrated systems course.
10. Accounting reports, such as the Trial Balance and General Ledger, are located on the Reports menu under: a. Company and Financial b. Accountant and Taxes c. List d. Either "a" or "c". You can print multiple reports at a time in Quickbooks by clicking _ in the Reports menu. 5 Points Extra Credit
Multiple Select Question Select all that apply The general ledger can be used to determine which of the following (select all answers which apply): which accounts are being used by a company and their balances at any given time. common and unique accounts used by a business. a complete record of each transaction in one account. increases and decreases in all accounts in a business. Confidence Level Rate your confidence to submit your ans High
What is the general ledger
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GENERAL LEDGER Cash Balance Item Refle Dr. Cr. Dr. Cr. Date 2019 June Enter as a formula calling on amounts in the trial balance. Required: 1. Journalize each transaction in a two-column journal beginning on Page 1, referring to the chart of accounts in selecting the accounts to be debited and credited. (Do not insert the post reference numbers until you have posted the entry to the general ledger in part 2.) Post (in...
a) What is the difference between sustainability reports and traditional financial reports? b) Define ‘externalities’ Are they included in the calculation of accounting profit? c) How does Legitimacy Theory and Stakeholder Theory help to explain corporate managers voluntarily reporting on the social and environmental effects of their business activities? d) Does information in a sustainability report meet the qualities of Relevance and Faithful Representation as identified in the Conceptual Framework?
1. Which of the following must be taken into consideration before a general journal adjustment is authorised? a. The need to incorporate data from external sources such as bank statements b. Accounting policies and procedures C. Accounting standards d. All of the options are correct 2. Online banking is unlikely to be helpful: a b. C. d. in terms of being able to monitor cash transactions more easily. in terms of being able to reconcile cash transactions more easily. for...
Discuss general guidelines for designing forms and reports. What factors are important to consider when designing forms and reports? I do not want to get a pic because I cannot understand well
1. In what way did you demonstrate the ability to define and complete the steps in the accounting cycle including journalizing and posting financial transactions, recording adjusting and closing entries, and preparation of financial reports.
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someone explain these concepts in full detail?
Understand cellular respiration (what 3 main steps are used and in what order, what is produced and used at each step, what electron shuttles are utilized, where does it happen, what types of cells perform it, etc.) · Know the chemical equation of cellular respiration Understand fermentation (how is it different than cellular respiration, how it is initiated, and why it is utilized) . Understand photorespiration (how it is different from photosynthesis,...