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When cash is paid for supplies
True
for each entry
False
Supplies is increased
False
True
True
Accounts Receivable Credit column and Cash Debit column
When cash is received on account, the amount is recorded in the
True
for each entry
False
Supplies is increased
False
True
True
Accounts Receivable Credit column and Cash Debit column
The journal columns used to record receiving cash from the owner as an investment are Cash Debit and Sales Credit
True
for each entry
False
Supplies is increased
False
True
True
Accounts Receivable Credit column and Cash Debit column
To correct an error in a journal, one can simply erase the incorrect item and write the correct item.
True
for each entry
False
Supplies is increased
False
True
True
Accounts Receivable Credit column and Cash Debit column
The source document used when supplies are bought on account is a memorandum.
True
for each entry
False
Supplies is increased
False
True
True
Accounts Receivable Credit column and Cash Debit column
Cash is always proved at the end of a month.
True
for each entry
False
Supplies is increased
False
True
True
Accounts Receivable Credit column and Cash Debit column
When an entry in an amount column is an even dollar amount, either 00 or -- can be entered in the cents column.
True
for each entry
False
Supplies is increased
False
True
True
Accounts Receivable Credit column and Cash Debit column
On each journal page, the date is written
True
for each entry
False
Supplies is increased
False
True
True
Accounts Receivable Credit column and Cash Debit column
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