Multiple Choice
Match the terms with the definitions.
-Another name for a journal because it is here that the first formal accounting record of a transaction is made.
A) book of original entry
B) chart of accounts
C) compound entry
D) correcting entry
E) cross-reference
F) four-column account
G) general ledger
H) journal
I) journalizing
J) posting
K) ruling method
L) slide error
M) source document
N) transposition error
O) trial balance
Correct Answer:

Verified
Correct Answer:
Verified
Q16: Source documents provide objective,verifiable evidence of business
Q41: The Description column of a two-column journal
Q49: The steps in the journalizing process include
Q51: Journalizing does NOT include<br>A) debiting account(s)that are
Q54: Match the terms with the definitions.<br>-Almost any
Q54: Instead of T accounts,businesses are more likely
Q55: Copies of sales tickets or sales invoices
Q70: The transaction to record payment for delivery
Q87: Copies of sales tickets or sales invoices
Q93: A list of all the accounts used