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Contabilidad: Verdadero o Falso

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Contabilidad: Verdadero o Falso

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About this activity

Quiz rápido de contabilidad.

Created by

Joseph
Joseph
Colombia

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Contabilidad: Verdadero o Falso
 

Contabilidad: Verdadero o FalsoOnline version

Quiz rápido de contabilidad.

by Joseph
1

Depreciation allocates the cost of fixed assets over their useful lives.

2

Accounts receivable represents money that customers must pay.

3

Depreciation applies only to intangible assets.

4

Gross profit is obtained by subtracting operating expenses from sales.

5

Bank reconciliation compares the account balance with the bank statement.

6

Accounting records the financial transactions of a company.

7

The balance sheet shows assets, liabilities, and equity.

8

The general ledger is the same as the journal.

9

Expenses are recorded in the income statement when they are paid.

10

The statement of changes in equity only shows changes in share capital.

 
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