Accounting > QUESTIONS & ANSWERS > Columbia Southern UniversityACCOUNTING BBA 2201Unit 1 Assessment Answers (All)

Columbia Southern UniversityACCOUNTING BBA 2201Unit 1 Assessment Answers

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Unit 2 Assessment Question 1 5 out of 5 points The following are the current month's balances for ABC Financial Services Company before preparing the trial balance. Accounts Payable $9,000 Reven... ue 5,000 Cash 2,000 Expenses 15,500 Furniture 11,000 Accounts Receivable 12,000 Miller, Capital ? Notes Payable 6,500 What amount should be shown for Miller, Capital on the trial balance? Selected Answer: $20,000 Correct Answer: $20,000 Question 2 5 out of 5 points A shortened form of the ledger is called a __________. Selected Answer: [Show More]

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