UBS Flashcards

1
Q

WHAT IS THE MEANING OF THE FIRST DIGIT IN NO. ACCOUNT

A

THE TYPES OF ACCOUNT IN OUR FINANCIAL STATEMENT

EX. 2010/000, 2020/000 IS FURNITURE AND OFFICE equipment (THAT IS FALL UNDER FIXED ASSETS)

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2
Q

WHAT IS THE FUNCTION OF GENERAL MAINTENANCE ACCOUNT

A

TO ADD THE ACCOUNT NUMBER LIKE FIXED ASSETS AND SO ON ( GENERAL LEDGER ONLY! )

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