A book of original entry that is designed and used for recording only a specified type oftransaction is called a:
A) Special journal.
B) Columnar ledger.
C) General journal.
D) Subsidiary ledger.
E) Schedule.
Correct Answer:
Verified
Q24: Each transaction recorded in the Sales Journal
Q25: A subsidiary ledger is a listing of
Q41: An MIS is designed to
A)Ensure full disclosure.
B)Collect
Q43: The ledger that contains the financial statement
Q45: The special journals under the perpetual inventory
Q46: An example of a specialty component of
Q47: Special journals include
A)Cash disbursements journal.
B)Cash receipts journal.
C)Purchases
Q48: One difference in the Sales Journal between
Q49: The sale of inventory may
A)decrease inventory.
B)impact the
Q54: The Sales Journal and Cash Receipts Journal
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