Multiple Choice
What is the general ledger posting from the credit sales journal?
A) DR Sales, CR Accounts receivable
B) DR Sales, CR GST payable, CR Cash
C) DR Accounts receivable, CR Sales, CR GST payable
D) DR Cash, DR GST payable, CR Accounts receivable
Correct Answer:
Verified
Correct Answer:
Verified
Q30: Which of the following are advantages of
Q31: Which of the following statements relating to
Q32: A system of internal control is described
Q33: Which of the following is an advantage
Q34: Which of the following is the main
Q36: Accounting software systems based on Cloud technology:<br>A)
Q37: Computerised accounting systems are collectively referred to
Q38: The main reason for using control accounts
Q39: Which of the following is an automated
Q40: Internal controls established to provide general operational