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Quiz
1
Beginner
When the items in the Revenue control account are brought into the financial statements, how many items will be displayed as positive numbers?
3
2
1
Don’t know
2
Beginner
How many calculations need to be entered into the financial statements to make the Balance Sheet balance for Revenue?
3
2
4
Don’t know
3
Beginner
Which of the following three line items in the Revenue control account is the key driver?
Closing Receivables
Cash Receipts
Revenue
Don’t know
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