double entry for source document

Q: ow to do a P&L statement

A: A profit & loss statement shows the organization's revenue, expenses, and its profit for a…

Q: Describe journal entries for external transactions.

A: A external transaction is a transaction which is entered by two people or two entities to exchange…

Q: post journal entries to t account

A: T-Account: A key teaching tool in double entry accounting is the T account, which shows how one side…

Q: what excel formula feature would you use

A: Information Provided: Price of bond = $1135.90 Years to Maturity = 10 Annual Yield to Maturity = 8%…

Q: Define declaration date

A: Answer: Declaration data is nothing a date the dividends are declared. This is usually done first…

Q: REQUIRED A. EQUATION B JOURNAL ENTRY C POST TO T-ACCTS

A:

Q: Explain promissory notes?

A: Promissory note refers to a signed written document that contains an unconditional promise to pay…

Q: In a data visualization, the vertical axis typically shows __________.   Multiple Choice   values…

A: A column chart will include data labels along the horizontal (X) axis with measured metrics or…

Q: Match the terms

A: Accounting principles are the accounting rules which an organization must follow while maintaining…

Q: Describe the purpose of caash receipts journal.

A: The cash receipts journal is a special section of the general journal specifically used to record…

Q: Define Double-entry system.

A: Double entry system: Double entry system is a way of accounting or bookkeeping which implies that…

Q: Explain promissory note

A: A promissory note is a financial instrument that contains a written promise by one party (the note's…

Q: What is a data dictionary, and what purpose does it serve?

A: Return on investment (ROI):   Return on investment evaluates how efficiently the assets are used in…

Q: Explain Change in Reporting Entity.

A: A reporting entity is an entity whose general-purpose financial report is used by its users to have…

Q: prepare journal enteries

A: Income tax is defined as the payment obligation of the taxpayer earning income for each year. It is…

Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.