BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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special amount column
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general amount column
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check
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invoice
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Detailed explanation-1: -Recording Entries in a Journal Five-Column Journal: General Debit, General Credit, Sales Credit, Cash Debit, Cash Credit (p. 57) Page 2 A journal amount column headed with an account title is a Special Amount Column.
Detailed explanation-2: -General Amount Column-A journal amount column that is not headed with an account title. Entry-Information for each transaction recorded in a journal. Double-Entry Accounting-The recording of debit and credit parts of a transaction.
Detailed explanation-3: -A business form giving written acknowledgement for cash received. A form on which a brief message is written describing a transaction. Determining that the amount of cash agrees with the accounting records. All are known as special amount columns.
Detailed explanation-4: -Special amount columns