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Q: What is the standard system used to record transactions?
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Related questions

Book keeping services would be used to record what?

Bookkeeping services are used to record the financial transactions of a business. These transactions include payments by an organization or individual, purchases, sales and receipts.


What is the standard unit used in the metric system to record temperature?

The standard unit used in the metric system to record temperature is the degree Celsius (°C).


What is difference between a cash payment journal and a purchases journal?

a cash payment journal is used to record only cash payment transactions where as the purchases journal is used to record ONLY purchases on account transactions


What kind of script was used for business transactions and record keeping?

a hieratic script


What script was used in Egyptian history for business transactions and record keeping?

It was called 'hieratic '.


How can you handle to petty cash?

A petty cash book is used to record miscellaneous transactions


What is a checkbook?

It is a booklet used to record checking account transactions. To keep track of the amount of money in your checking account


What was the main purpose of the early cuneiform writing system?

The main purpose of the early cuneiform writing system was to record transactions and keep administrative records in ancient Mesopotamia. It was primarily used for economic and administrative purposes by Sumerians, Akkadians, and other civilizations in the region.


What are the four basic questions that a transaction processing system audit tries to answer?

Are transactions processed accurately? Are transactions processed completely? Are transactions processed in a timely manner? Are transactions processed securely, with appropriate controls in place?


What is a checkbook register?

It is a booklet used to record checking account transactions. To keep track of the amount of money in your checking account


What is used to temporarily record known obligation when the required documents to support the obligation transactions are not immediately available?

AF Form 406


What is used to temporarily record known obligations when the required documents to support the obligations transactions are not immediately available?

AF Form 406