Multiple Choice
Match the terms with the definitions.
-A method of accounting that combines aspects of the cash and accrual methods.It uses the cash basis for recording revenues and most expenses.Exceptions are made when cash is paid for assets with useful lives greater than one accounting period.
A) accrual basis of accounting
B) combination journal
C) Description column
D) General Credit column
E) General Debit column
F) modified cash basis
G) Posting Reference column
H) special columns
Correct Answer:

Verified
Correct Answer:
Verified
Q11: Which of the following would be placed
Q12: To record wages earned but not paid
Q13: Once the total of a special column
Q14: Individual entries are posted from which of
Q15: Each entry is posted individually from the
Q17: If the owner has not made any
Q18: It is NOT necessary to post the
Q19: Match the terms with the definitions.<br>-Columns in
Q20: To be sure that the debits entered
Q21: Match the terms with the definitions.<br>-The column