Any Time a Witness Testifies as to the Contents of a Writing,recording

question 14

True/False

Any time a witness testifies as to the contents of a writing,recording or photograph that testimony constitutes secondary evidence.

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Definitions:

Normal Balance

The side of an account (debit or credit) on which increases to the account are recorded, determined by the account type.

Financial Statement

A formal record of the financial activities and position of a business, person, or other entity over a period of time.

Permanent/Temporary

Categories of accounts in accounting where permanent accounts appear on the balance sheet and temporary accounts are closed at year's end, affecting income summary.

Normal Balance

The side (debit or credit) of an account that is increased, indicating the typical balance of that account in accordance with the double-entry bookkeeping system.