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ACC 557 Week 3 Chapter 2 Quiz (all possible questions)
This Tutorial contains All possible Questions from this chapter (it
contains more than 200 questions set)
SOME SAMPLE QUESTIONS ARE GIVEN BELOW OUT OF
THOSE 200 QUESTIONS
Multiple Choice Question 103
Transactions in a journal are recorded in
alphabetical order.
dollar amount order.
chronological order.
account number order.
Multiple Choice Question 70
In the first month of operations, the total of the debit entries to the
cash account amounted to $900 and the total of the credit entries to
the cash account amounted to $600. The cash account has a(n)
$300 credit balance.
$900 debit balance.
$600 credit balance.
$300 debit balance.
Multiple Choice Question 61
Which of the following statements is true?