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5 questions
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  • Q1

    The following can be found in an income statement except

    expenses

    assets

    income

    net loss/gain

    10s
    ABM_FABM11-IIId-e-19
  • Q2

    The general journal is the “book of original entry” where you can find the initial record of the transactions of a firm while the ledger contains the total or balance of each account.

    true
    false
    True or False
    10s
    ABM_FABM11-IIIf-23
  • Q3

    Classify the following into assets and liabilities

    Users sort answers between categories
    Sorting
    10s
    ABM_FABM11-IIId-e-19
  • Q4

    It is used to organize and classify transactions on which the journal entries will be transferred into their specific account.

    Users re-arrange answers into correct order
    Jumble
    10s
    ABM_FABM11-IVa-d-31
  • Q5

    What are the steps in the accounting cycle?

    Users link answers
    Linking
    10s
    ABM_FABM11-IVa-d-34

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