In recording accounting transactions, evidence that a transaction has taken place is obtained from
A) source documents.
B) the bank.
C) the public relations department.
D) the chart of accounts.
Correct Answer:
Verified
Q91: A simple journal entry affects
A)one account.
B)two accounts.
C)two
Q92: The Dividends Declared account
A)appears on the statement
Q93: The sequence of steps in the
Q94: Which account below is not a subdivision
Q95: Which of the following statements is not
Q97: In the first month of operations, the
Q98: A knowledge of the normal balances of
Q99: When a corporation pays a dividend, the
A)Cash
Q100: A credit to a liability account
A)indicates an
Q101: After a business transaction has been analyzed
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