In transaction processing,generally which activity comes first?
A) recording data in a journal
B) posting items to special journals
C) capturing data on source documents
D) posting data to a ledger
Correct Answer:
Verified
Q28: Common source documents for the revenue cycle
Q32: Pre-numbering of source documents helps to verify
Q33: The efficiency of recording numerous business transactions
Q34: What is a primary example of source
Q36: Regarding codes,which of the following is false?
A)The
Q37: A listing of general ledger accounts by
Q38: Pre-numbered checks,invoices and purchase orders are examples
Q39: The chart of accounts of a corporate
Q39: Inventory items are often coded with these
A)sequence
Q40: Businesses usually use some type of documents
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