EJERCICIOS PÁGINA 32

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1.       ¿Who are the professionals responsible for registering the losses and of a company?

R= Bookkeepers are the professionals responsible for this process

2.       ¿What are the names of two important books in bookkeeping?

R= JOURNALS and LEDGER

3.       ¿What is a balance sheet?

R= a balance is made to verify whether both columns match.

4.       ¿What information is recorded on the left hand side of an account?

R= Debits are entered on the left-hand side

5.       ¿Do you know what the double entry system is?

R= Debits are entered on the left-hand side and credits are entered on the right-hand side. This is the basis of the double entry system

6.       ¿When are balance sheets produced?

R= balance sheet are prepared at the end of the fiscal year