document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1160825>Question 1160825</A>: <I><SPAN STYLE=\"word-break: break-all;\"> C-  State whether the following statements are TRUE (T) or FALSE (F)  <BR>\n" );
document.write( "1.	The first step in the recording process is to prepare financial statements.<BR>\n" );
document.write( "2.	The recording process occurs once a year.<BR>\n" );
document.write( "3.	A journal provides the balances for each account.<BR>\n" );
document.write( "4.	When three or more accounts are required in one journal entry, the entry is referred to as compound entry.<BR>\n" );
document.write( "5.	A complete journal entry does not show the new balance in the accounts affected by the transaction.<BR>\n" );
document.write( "6.	The entire group of accounts maintained by a company is called the Journal.<BR>\n" );
document.write( "7.	Management could determine the amounts due from customers by examining Accounts Receivable account.<BR>\n" );
document.write( "8.	Robitaille Company received a cash advance of $500 from a customer. As a result of this event, assets will be increased by $500.<BR>\n" );
document.write( "9.	Pastorek Company purchased equipment for $1,800 cash. As a result of this event, equity will be decreased by $1,800.<BR>\n" );
document.write( "10.	Root Company provided consulting services and billed the client $2,500. As a result of this event, assets are remained unchanged.<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #784248 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52781)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=784248\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .\r<BR>\n" );
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document.write( "At this site, we teach school Math.\r<BR>\n" );
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