Answer: It is better to delete the check than void the check in order to erase all records of the transaction
Explanation:
When a check is deleted, it should be noted that such check is being removed entirely from the system and also the transaction of the check will no longer be visible anywhere in the system.
Voiding a check mean that the amount of the transaction on the check will be changed to zero but it should be ited that a record of such transaction will still be kept in QuickBooks but deleting it will help remove the transaction in QuickBooks.
When a check is voided, the check details like the check number, account, payee, memo and date will be unchanged, even though the amount will change to zero.
Therefore, the option that says that it is better to delete the check than void the check in order to erase all records of the transaction isn't true.
Sometimes they don’t want loose change in their wallets, pockets, etc. Coins are pretty heavy as well.
False, the original seller determines the value, and taxes are added when anyone wants to buy it
Answer:
The correct answer is option A (government debt owed to individuals in foreign countries).
Explanation:
- This applies to interest earned from some kind of creditor or outside nation, this must be repaid throughout the commodity these were invested in.
- External debt may be collected through foreign banking institutions, from global banking organizations including the World Bank, respectively., as well as from sovereign governments.
Some other alternatives given don't apply to the cases in question. So answer A is a good one.