Multiple Choice
When a Sales Journal's sales amount column is totalled at the end of the month, the total is
A) Debited to Sales and credited to Accounts Receivable
B) Debited to Accounts Receivable and credited to Cash
C) Debited to Cash and credited to Accounts Receivable
D) Debited to Accounts Receivable and credited to Sales
E) Debited to Cash and credited to Sales
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Individual transactions in the Sales Journal are
Q3: An Accounts Receivable ledger is<br>A) A subsidiary
Q4: Discuss the differences in the special journals
Q5: The General Ledger system represents the primary
Q7: The basic components of an accounting system
Q8: Special journals include<br>A) Sales journal<br>B) Cash receipts
Q9: List the five subsystems within a management
Q10: The Sales Journal and Cash Receipts Journal
Q11: The General Journal is used for<br>A) Recording
Q134: A schedule of accounts receivable is a