During 2017, Marvin Had the Following Transactions Marvin's AGI Is:
A)$32,000

question 103

Multiple Choice

During 2017, Marvin had the following transactions: $$\begin{array} { l r } \text { Salary } & \$ 50,000 \\\text { Bank loan (proceeds used to buy personal auto) } & 10,000 \\\text { Alimony paid } & 12,000 \\\text { Child support paid } & 6,000 \\\text { Gift from aunt } & 20,000\end{array}$$ Marvin's AGI is:

• A)$32,000.
• B)$38,000.
• C)$44,000.
• D)$56,000.
• E)$64,000.

Identify the roles of various documentation and files within the voucher system.

Understand the accounting treatment of purchases under the periodic system.

Understand the function and significance of the check register in accounting systems.

Learn how to manage and organize paid and unpaid vouchers.

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