Double-entry system can help people prevent all the accounting errors.
举一反三
- In a double-entry accounting system
- Which ONE of the following is NOT a reason for producing a trial balance? A: To help with the preparation of the financial statements B: To identify if there are any errors of principle C: To help summarise the accounting transactions to date D: To identify if there are any errors of single entry
- What is meant by a prime entry record? A: An entry to the ledger accounts B: The initial recording of a transaction within the accounting system C: The recording of the debit side of a double entry D: The sum of the direct costs incurred during production
- Translate the following sentence into Chinese. "In modern accounting the double-entry system serves as a kind of error-detecting system."
- , in accounting, is a system of bookkeeping so named because every entry to an account requires a corresponding and opposite entry to a different account. T