Chapter 4.3 Accounts Balances & Terminology Flashcards

1
Q

Information stored In a T-account

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2
Q

Steps; Calculating The Balance of an account

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3
Q

Exceptional Account Balances

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4
Q

Exceptional Balances scenarios

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5
Q

The Bank Account

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6
Q

“Cash”

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7
Q

“Bank”

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8
Q

“Cheque”

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9
Q

Buying and selling on credit

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10
Q

On Account

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