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Author Question: A schedule of accounts payable is used to prove that the sum of the accounts payable ledger balances ... (Read 249 times)

kodithompson

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on: Jul 5, 2018
A schedule of accounts payable is used to prove that the sum of the accounts payable ledger balances equals the Accounts Payable balance in the general ledger.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

A series of equal payments in which the payment is made at the end of each period is a(n) ________.
 
  A) annuity due
  B) ordinary annuity
  C) prepaid annuity
  D) beginning annuity


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atrochim

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Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

B


kodithompson

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Reply 2 on: Jul 5, 2018
:D TYSM

kthug

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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