Chapter 4.3 Accounts Balances & Terminology Flashcards
1
Q
Information stored In a T-account
A
2
Q
Steps; Calculating The Balance of an account
A
3
Q
Exceptional Account Balances
A
4
Q
Exceptional Balances scenarios
A
5
Q
The Bank Account
A
6
Q
“Cash”
A
7
Q
“Bank”
A
8
Q
“Cheque”
A
9
Q
Buying and selling on credit
A
10
Q
On Account
A