Question 1

Match the terms with the definitions.
-Entering the transactions in a journal.

Accepted Answer

A)  book of original entry
B)  chart of accounts
C)  compound entry
D)  correcting entry
E)  cross-referenceF) four-column accountG) general ledgerH) journalI) journalizingJ) postingK) ruling methodL) slide errorM) source documentN) transposition errorO) trial balance

Question 2

The accounts in the chart of accounts are arranged in

Accepted Answer

A)   alphabetical order.
B)   numerical order.
C)   chronological order.
D)   the order they are created.

Question 3

Source documents provide the input for the accounting process.

Accepted Answer

A) True 
 B)False

Question 4

Check stubs and carbon copies of checks provide information about

Accepted Answer

A)   cash payments.
B)   cash receipts.
C)   sales of goods or services.
D)   purchases of goods or services.

Exam 4: Journalizing and Posting Transactions

The accounts in the chart of accounts are arranged in

Correct Answer
verified

Match the terms with the definitions. -Entering the transactions in a journal.

Correct Answer
verified

Check stubs and carbon copies of checks provide information about

Correct Answer
verified

Source documents provide the input for the accounting process.

Correct Answer
verified

Exam 4: Journalizing and Posting Transactions

The accounts in the chart of accounts are arranged in

Correct AnswerverifiedShow Answer

Match the terms with the definitions. -Entering the transactions in a journal.

Correct AnswerverifiedShow Answer

Check stubs and carbon copies of checks provide information about

Correct AnswerverifiedShow Answer

Source documents provide the input for the accounting process.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified