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Author Question: The total of the accounts receivable subsidiary accounts and the balance of the accounts receivable ... (Read 234 times)

shofmannx20

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on: Jul 5, 2018
The total of the accounts receivable subsidiary accounts and the balance of the accounts receivable control accountshould equal each other at the end of the period.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

A favorable variance results when actual costs exceed budgeted costs.
 
  Indicate whether this statement is true or false.


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Amiracle

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

True

Answer to Question 2

Answer: FALSE


shofmannx20

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Reply #2 on: Jul 5, 2018
Thank you


Amiracle

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Reply #3 on: Jul 5, 2018
No problemo


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