Which of the following is recorded in the general journal?

A) services rendered for cash
B) correction of error in billing client
C) purchases of equipment on account
D) purchases of equipment for cash


B

Business

You might also like to view...

A sampling procedure in which each element of the population has a fixed probabilistic chance of being selected for the sample is called ________

A) probability sampling B) nonprobability sampling C) quota sampling D) snowball sampling E) window sampling

Business

A watch manufacturer added a watch to its product line that was higher priced than the models it already carried. The company used a two-way stretch strategy

Indicate whether the statement is true or false

Business

Managerial accountants usually do which of the following?

A. prepare and audit tax returns B. audit financial statements C. investigate companies for possible violations of law D. prepare internal reports for management

Business

An MIS typically uses data supplied by a TPS

Indicate whether the statement is true or false

Business