Which of the following should be entered as a credit A: Economic transactions lead to increase of financial assets B: Economic transactions lead to decrease of financial assets C: Economic transactions lead to increase of fliabilities to foreigners D: Economic transactions lead to decrease of fliabilities to foreigners

交易理论(transactions theories)

中国大学MOOC: International transactions include ( )

We are pleased to_____the following transactions with you.

Enterprise systems often include transactions with customers and vendors.

Which TWO of the following are reasons for producing a trial balance? A: To check if certain errors have been made when recording transactions B: To provide a convenient basis for drafting the financial statements C: To ensure that all transactions have been recorded D: To check that all transactions have been accurately recorded

In L/C transactions, _______ is responsible for paying money and tendering documents.

Money market transactions take place in particular locations or buildings. （ ）

Uncertainties such as natural disasters: A: Are not contingent liabilities because they are future events not arising from past transactions or events. B: Are contingent liabilities because they are future events arising from past transactions or events. C: Should be disclosed because of their usefulness to financial statements. D: Are estimated liabilities because the amounts are uncertain. E: Arise out of transactions such as debt guarantees.

The second step in the analyzing and recording process is to record the transactions and events in the______________.