Question

1.

You just posted a credit to Stars Inc. in the accounts receivable subsidiary ledger. Which special journal did it come from?

Group of answer choices

cash receipts journal

sales journal

purchases journal

cash disbursements journal

2.

You returned damaged goods to C.C. Rogers Inc. and received a credit memo for $250. Which journal(s) would the company use to record this transaction?

Group of answer choices

general journal and the accounts payable subsidiary ledger

sales journal only

cash receipts journal and the accounts receivable subsidiary ledger

cash disbursements journal and the accounts payable subsidiary ledger

3.

Which of the following is not a way to prevent your computer from being attacked by ransomware?

Group of answer choices

opening all attachments from emails from unknown senders

making sure your antivirus security programs are up to date

using secure (password protected) networks and backing up your files regularly

not using open Wi-Fi (nonpassword, nonencrypted) in public locations

4.

The company just took a physical count of inventory and found $75 worth of inventory was unaccounted for. It was either stolen or damaged. Which journal would the company use to record the correction of the error in inventory?

Group of answer choices

general journal

sales journal

purchases journal

cash receipts journal

5.

AB Inc. purchased inventory on account from YZ Inc. The amount was $500. AB Inc. uses an accounting information system with special journals. Which special journal would the company use to record this transaction?

Group of answer choices

purchases journal

sales journal

cash receipts journal

cash disbursements journal

Answer 1

Answers :

1. Sales journal would be the special journal when u posted a credit to Stars Inc. in the accounts receivable subsidiary ledger.

2. General journal and the accounts payable subsidiary ledger are the journals use to record this transaction.

3. Opening all attachments from emails from unknown senders is not a way to prevent your computer from being attacked by ransomware.

4. General journal would the company use to record the correction of the error in inventory.

5. Purchases journal would the company use to record this transaction.

Thanks...