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1-Which of the following is an example of a source document in a computerized accounting information system ?
a)purchase invoices
b)cash payments journal
c)balance sheet
d)income statement
2- A CR.5 posting reference in a subsidiary ledger indicates that:
a)the credited amount is after a %5 discount.
b)the posting is transferred from the cash receipts journal,page 5.
c)the sales on credit is expected to be paid within 5 days.
d)the transaction in page number 5 is credited.
3- Which of the following is a column of a purchases journal ?
a)Interest Revenue CR
b)Account Payable CR
c)Cost of Goods Sold CR
d)Sales Revenue DR
4-If there is cash involved in a particular business transaction then the transaction should be recorded in either:
a)cash payments journal or general journal.
b)sales journal or purchases journal.
c)cash payments journal or cash receipts journal or and in general journal
d)cash payments journal or cash receipts
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