Solved: General accounting-fixed assets-revenue, Accounting Basics

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General accounting-fixed assets-revenue

Answer each in three or more sentences.

Q1. What do you do if your G/L A/R balance states $1M and your subsidiary ledger says $800K?

Q2. What are the most common errors in working with General Accounting, Fixed Assets, Revenue (billing)?

Q3. What would you do to ensure these errors do not happen?

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Accounting Basics: General accounting-fixed assets-revenue

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