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Quit scores
QUIT SCORES

Definition: To balance accounts.
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* All seven elements should and would be in.


1. Purposeful and necessary, especially if required by law !

2. Primary source data - ledger, statement, etc. - complete !

3. Procedures or processes are all followed appropriately !

4. Mistake not deliberately made to give wrong information !

5. Concluded and conclusive, i.e., shows a financial position !

6. Balanced account won't be accompanied by explanation !

7. Activity serves purpose(s), i.e. all records would be filed !
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* TOTAL DEBIT COLUMN FIGURES SAME AS TOTAL CREDIT COLUMN FIGURES.

* ZILCH CARRIED FORWARD; SO, NO 'OPENING BALANCES' IN SOME NEW PAGES.

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