Multiple Choice
Which of the following items would not be included in the journal entry for a transaction?
A) the names of the source documents used to record the accounting transaction
B) the date the accounting transaction was entered into the accounting system
C) the titles of the accounts that will be used as debits and credits in the transaction
D) the dollar amounts used to record the debits and credits in the transaction
Correct Answer:

Verified
Correct Answer:
Verified
Q2: A credit increases the balance of which
Q3: Paying by cheque to settle a debt
Q4: The accounting transaction to record the payment
Q5: What type of account is Prepaid Rent?<br>A)
Q6: The account called Accrued Liabilities is really
Q7: Debits are always recorded (journalized) after credits.
Q8: Performing services on account would:<br>A) increase net
Q9: The right side of a T-account is
Q10: Posting, a part of the accounting process,
Q11: A chart of accounts is:<br>A) a source