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Author Question: It is important to remember that the fundamental identity of accounting is the debit and credit ... (Read 18 times)

ap345

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on: Jul 10, 2018
It is important to remember that the fundamental identity of accounting is the debit and credit recording activity where debits ________ equal credits.
 
  A) never
  B) seldom
  C) sometimes
  D) always

Question 2

As the typical cash budget shows cash flows only on a monthly basis, the information provided by the cash budget is not necessarily adequate for ensuring solvency.
 
  Indicate whether the statement is true or false


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millet

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Reply #1 on: Jul 10, 2018
Answer to Question 1

Answer: D

Answer to Question 2

TRUE


ap345

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Reply 2 on: Jul 10, 2018
Gracias!

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Reply 3 on: Yesterday
Excellent

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