Wk 2 - Apply: Summative Assessment [due Day 7]

Answer the following questions:

Such as a bank statement, it's objective evidende of transactions and their amounts?

Contains a record or decreases and increases in an specific revenue, expenses, asset, liability and equity.

Of accounts is a list of all accounts a company uses not including account balances.

A complete record of all transactions made by an organization is kept in a (n)

A collection of accounts and account balances is referred to as a (n)