Question: Question #1: Exploring Double Entry Systems Ledgers True False Question #2: In the COLUMNAR ACCOUNT the balance is updated after each entry. True False Question

Question #1: Exploring Double Entry Systems Ledgers

True

False

Question #2: In the COLUMNAR ACCOUNT the balance is updated after each entry.

True

False

Question #3: In Bookkeeping we group all Bank & Cash Accounts in the Cash Book.

True

False

Question #4: In Bookkeeping we group all Supplier Accounts in the Purchase Ledger.

True

False

Question #5: In Bookkeeping we group all Customer Accounts in the Purchase Ledger.

True

False

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