When Entering Dollar Values in Cells,you Also Must Type the Dollar

question 89

True/False

When entering dollar values in cells,you also must type the dollar sign ($),commas,and any trailing zeros.

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Definitions:

Standard Account Forms

Preset document templates for financial transactions and accounts record-keeping.

New Balance

The updated amount in an account following recent transactions or adjustments.

Transposition

An error in which the order of the digits is changed, such as writing $542 as $452 or $524.

Journalizing

The procedure of logging company transactions in a journal, forming a part of the cycle of accounting.