What we have learned so far…
- Paying bills
- Receiving payments
- Generating payroll checks
- Purchasing supplies
- Paying rent
Account numbers are needed for all vouchers, adjustments, and payments made via accounts payable. You use the Chart of Accounts form to set up account numbers to use throughout the system to record, track, and report costs. The Chart of Accounts must contain all accounts payable-related account numbers before transaction distributions and postings can occur. The general ledger is tied to other parts of the system through the Chart of Accounts and the journals. The following table displays fields on the Chart of Accounts form and provides a brief description of each.
0 of 2 Questions completed
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
0 of 2 Questions answered correctly
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
What are marketing philosophies?
You may choose multiple answersCorrect 3 / 3 PointsIncorrect / 3 Points
hint is production, selling