If a company uses special journals:
a. it must have one for cash, receivables, and payables...
Business, 29.11.2019 04:31 jujusmith2022
If a company uses special journals:
a. it must have one for cash, receivables, and payables
b. it may have no more than four
c. the quantity and design depend on the needs of the company
d. the design must comply with the fasb requirements
Answers: 1
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Sheldon has the following year-end account balances: accounts receivable, $5,000; supplies, $12,000; equipment, $18,000; accounts payable, $17,000; stockholders’ equity, $43,000. the cash account balance was not available at year-end. given the account balances listed, the balance in the cash account should be?
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