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:

Normal Balance

The side (debit or credit) where the balance of an account usually increases.

Account Category

A classification within accounting used to group similar types of accounts, such as assets, liabilities, equity, revenue, and expenses.

Accounts Receivable Subsidiary Ledger

is a detailed ledger showing individual transactions and balances for customers who owe money to the business, supplementing the general ledger.

Control Account

A general ledger account that summarizes and controls the total amounts recorded in subsidiary ledgers.