Question 1
A subsidiary ledger is
used in place of the general ledger if the general ledger is destroyed or stolen.
a group of accounts with a common characteristic that provides detailed information about a control account in the general ledger.
used to post excess transactions if a general ledger account becomes full during an accounting period.
a group of accounts used by branches and subsidiaries of a corporate business.
Question 2
Evidence that the monthly posting of the sales journal total has been accomplished is indicated by
inspecting the postings in the accounts payable subsidiary ledger.
the general ledger account numbers under the double-lined total.
a signature of the accountant doing the posting.
a date under the double-line total.
Question 3
The entries recorded in the Other Accounts column of a cash payments journal
are posted individually to accounts in the general ledger.
are not posted individually but are posted as a column total to the general ledger.
do not require posting.
are posted to the accounts payable subsidiary ledger daily.
Question 4
Adjusting entries are recorded
in the special journals.
only on the worksheet.
in the general journal.
only in the general ledger.
Question 5
If merchandise from a cash sale is returned by a customer for a refund, the sales return is recorded in the
cash receipts journal.
general journal.
cash payments journal.
sales journal.
Question 6
A subsidiary ledger frees the general ledger from details of
the control account.
internal transactions.
individual balances.
external transactions.
Question 7
Debit postings to the individual accounts in an accounts receivable subsidiary ledger generally come from the
purchases journal.
cash payments journal.
sales journal.
cash receipts journal.
Question 8
The use of special journals to record transactions
should only be used if the volume of transactions is small
eliminates the need for a general ledger.
eliminates the need for a general journal.
can save time in the posting process.
Question 9
If a transaction cannot be recorded in a special journal
it is recorded in the general journal.
the company must refuse to enter into the transaction.
it is recorded directly in the accounts in the general ledger.
it is recorded as an adjustment on the work sheet.
Question 10
Accounts Receivable and Accounts Payable are examples of
both nominal accounts and controlling accounts.
nominal accounts.
subsidiary ledger accounts.
controlling accounts.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
Our Services
Custom Writings Help is a Quality-Oriented Company in Online Writing as a result of hiring exceptional professionals to execute clients' tasks.
Essays
At Custom Writings Help,We understand the struggle of research paper writing, and that is why at Custom WritingS Help, we are all out to help you. We pride ourselves on having a team of clinical writers. The stringent and rigorous vetting process ensures that only the 'BEST' Writers are chosen for the job. We have highly qualified Ph.D. and MA writers working with us; we equally offer these experienced writers specific bonuses and incentives to make them deliver highly original, unique, and informative content at reasonably low prices.
Admissions
Thesis Writing Service
Worlwide, Many Masters Students are struggling with Thesis Completion. A thesis is likely to be the longest and most challenging piece of work a student has ever completed. However, unlike essays and other assignments, a student can pick a particular interest topic and work on their initiative. Fortunately, we are there for you. At Custom Writings Help, you are assured of an authentic, imaginative, informative, linguistically great, and advantageous thesis that adheres to all your needs. So, why continue considering different writers when you have discovered the best in the field?
Editing
Custom Papers
Not a single student can avoid writing custom papers. However, a total lack of experience, skills, and time makes it very hard to produce a superb writing piece. Therefore, if you are seeking professional help, turn to us. Our specialized and experienced writers compose a variety of model papers, including custom essays, college term papers, research papers, book reports, MBA essays, executive summaries, dissertations, Ph.D. theses, admission essays, and research proposals for college and university students at any level.
Coursework
Essay Writing
Most of the students disregard the critical principles of essay writing and compose papers below sensible guidelines. Therefore, with Custom Writings Help, one should not worry about his/her essay. Our Writers compose informative and engaging content on all complexities and topics. We write meaningful and smart essays while prioritizing all aspects that bring about a good grade, such as impeccable grammar, proper structure, zero-plagiarism, and conformance to guidelines.
Coursework
Coourse Work Writing
Don't let the seemingly never-ending onslaught of writing assignments get you down. If you are looking where to get course work assistance online, the writers at Custom Writings Help are here to assist you with all of your writing needs. We undertake to unique delivery of papers that meet the professor's requirements. The content is proofread, edited, and checked plagiarism before submission to customers. No matter how big or small your work is, we will deliver on time. Try US Now! !
Coursework
Dissertation Writing Service
High-Quality Dissertation Writing Services are rare. They require Ph.D. academicians – not easily found. However, are an exception. The years, time, and resources we have invested in the dissertation world has given us a competitive advantage over others. Choose to come to Custom Writings Help; You will find perfect Ph.D. consultants who have written hundreds of dissertations theses ready to help you. Let our dissertation-writing services help you craft your dissertation, for you are assured we will give you the results.