Balance this four-column account. What function does the PR column serve? When will Account 111 be used
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Balance this four-column account. What function does the PR column serve? When will Account 111 be used in the journalizing and posting process?
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Cash Acct. 111 Balance Dr. Cr. Date Explanation PR Dr. Cr. 201X Mar. 6 10 15 18 GJ 1 GJ 1 GJ 2 GJ 3 29 90 75
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Cash 111 Balance Date PR Dr Cr Dr Cr 201X Mar 6 GJ1 29 29 10 G...View the full answer
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I did Master of Commerce in year 2009 and completed ACCA (Association of Chartered Certified Accountants) in year 2013. I have 10 years of practical experience inclusive of teaching and industry. Currently i am working in a multinational company as finance manager and serving as part time teacher in a university. I have been doing tutoring via many sites. I am very strong at solving numerical / theoretical scenario-based questions.
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Related Book For
College Accounting A Practical Approach Chapters 1-25
ISBN: 9780133791006
13th Edition
Authors: Jeffrey Slater
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