3 years ago

The chart of accounts includes assets, liabilities, and owner's equity accounts only. TRUE or FALSE.

1 answer:

8 0

The right answer for the question that is being asked and shown above is that: "TRUE." T<span>he chart of accounts includes assets, liabilities, and owner's equity accounts only. This statement is true as far as the chart of accounts is concerned.</span>

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Candy Claws Company gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per

Alchen [17]

Answer:

c. $23,160

Explanation:

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Cash balance per book $19,500

Add Notes receivable and interest collected by bank $4,800

($19,500+$4800) $24,300

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