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Author Question: The purpose of a journal is to provide a chronological record of all transactions completed by the ... (Read 78 times)

fagboi

  • Hero Member
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  • Posts: 535
on: Jul 5, 2018
The purpose of a journal is to provide a chronological record of all transactions completed by the business.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

On the 2016 budgeted income statement, what amount will be reported for cost of goods sold?
 
  A) 139,800
  B) 136,000
  C) 132,600
  D) 153,000


vboyd24

  • Sr. Member
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  • Posts: 341
Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

Answer: B


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