Once You Make a Backup Copy of a File, It

question 13

True/False

Once you make a backup copy of a file, it cannot be reused.

Differentiate between various types of adjusting entries (e.g., prepayments, accruals, depreciation).

Identify the classifications and normal balance of specific accounts (Prepaid Insurance, Unearned Fees, Supplies Expense, Accumulated Depreciation).

Identify and apply adjusting entries for depreciation.

Recognize and adjust entries for supplies and inventory.