The Press Code Came into Operation in 2016

question 17

True/False

The Press Code came into operation in 2016.

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Definitions:

QuickBooks

Accounting software developed by Intuit, widely used by small and medium-sized businesses for finance management.

QuickBooks Transactions

Financial operations such as sales, purchases, and payments recorded and tracked within QuickBooks software.

Non-posting Accounts

Non-posting accounts are accounts used in an accounting system that are not directly affected or updated into the general ledger, often used for tracking purposes only.

Balance Sheet

A financial statement that provides a snapshot of a company's financial condition at a specific moment in time by detailing assets, liabilities, and equity.