Accounting Information Systems
9th Edition
ISBN: 9781133934400
Author: James A. Hall
Publisher: Cengage Learning
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Chapter 14, Problem 6P
To determine
Prepare the list of attributes and operations for different items.
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Which of the following items is considered an original source document?
Select one:
a. accounts receivable
b. company expense account
c. purchase order
d. general ledger
The subsidiary ledger that includes customer account activity is called the
a. asset ledger
b. accounts payable ledger
c. expense ledger
d. accounts receivable ledger
What is the classification of general ledger account?
Chapter 14 Solutions
Accounting Information Systems
Ch. 14 - Prob. 1RQCh. 14 - Prob. 2RQCh. 14 - Prob. 3RQCh. 14 - Prob. 4RQCh. 14 - Prob. 5RQCh. 14 - Prob. 6RQCh. 14 - Prob. 7RQCh. 14 - Prob. 8RQCh. 14 - Prob. 9RQCh. 14 - Prob. 10RQ
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- Define chart of accounts and identify the categories of accounts.arrow_forwardWhat is the general ledger?arrow_forwardUse the journals and ledgers that follow. Total the journals. Post the transactions to the subsidiary ledger and (using T-accounts) to the general ledger accounts. Then prepare a schedule of accounts receivable.arrow_forward
- What is a schedule of accounts receivable?arrow_forwardPost the following entry to the general ledger and subsidiary ledger.arrow_forwardThe Vendor Ledgers report displays the :Select one A. Accounts receivable control account B. Accounts Payable subsidiary ledger C. Accounts receivable subsidiary ledger D. Accounts Payable control accountarrow_forward
- Which of the following best describes the activities of the accounting function? a. inventory control, accounts payable, fixed assets, and payrollb. fixed assets, accounts payable, cash disbursements, and cost accounting c. purchasing, cash receipts, accounts payable, cash disbursements, and payroll d. inventory control, cash receipts, accounts payable, cash disbursements, and payroll e. inventory control, cost accounting, accounts payable, cash disbursements, and payrollarrow_forwardWhen the goods are received and the receiving report has been prepared, which ledger may be updated?a. standard cost inventory ledgerb. inventory subsidiary ledgerc. general ledgerd. accounts payable subsidiary ledgerarrow_forwardThere are three types of ledgers; general ledger, payables ledger, and receivables ledger. Discuss what each ledger is used for and when it would be used.arrow_forward
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