do number 5 (Lo 2)

a. Data is entered only once in compuserined accounting sy accounting sywm provide upto dar 9. (LO3) which of following . a. The sales discount column systems eliminate entering of transaction information purnal d. Computerized nccounting sytems eliminste many ervors re sulting from homan intervention h. The purchases journal rece whether for cash or on acce A (Lo 2) Which of the following is Incorreet concerning ledgers? a. The purchases tedger is a common subsidiary ledger creditor accounts c. The cash receipts journal n d. Menchandise returned by s n the purchases journal 1 (LO 3) Dotel Companys c Acconts Receivable column and end of the month, these columns b. The accounts receivable ledger is a subsidiary ledger e. A subsidiary ledger is a group of accounts with a common Aecounts Receivable characteristic d. An advantage of the subsidiary ledger is that it permits a divia column sion of labor in posting h. individual amounts 4. (LO 2) Two common subsidiary ledgers are a. accounts receivable and cash receipts b. accounts payable and cash payments c. accounts receivable and accounts payable. d. sales and cost of goods sold. e. individual amounts d. a column o 11. (LO 3) Which of the follow ing of the cash receipts journal a. The total of the Other b. All column totals exce umn are posted once title(s) specified in th 5. (LO 2) At the beginning of the month, the accounts receivable subsidiary ledger showed balances for Apple Company $5.000 and Berry Company $7,000. During the month, credit sales were made to Apple $6,000, Berry $4.500, and Cantaloupe $8,500. Cash was collected on account from Berry $11,500 and Cantaloupe $3,000. At the end of the month, the control account Accounts Receivable in the general ledger should have a balance of c. The totals of all col specified in the colu d. The individual amo trol account are pos specified in the Ac c. $16,500. a. $11,000. 12. (LO 3) Postings from ledger are generally madse a. yearly b. monthly d. $31,000. b. $12,000. (LO 3) A sales journal will be used for: Cash Sales 6. Sales Credit Sales 13. (LO 3) Which stater journal? yes yes a. no yes no b. yes a. Only transaction are recorded int no no c. yes no d. yes