The complete effect of a transaction on the
accounts is disclosed in the journal.
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True
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False
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A trial balance is a listing of
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the
totals from the journal pages.
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transactions
in a journal.
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the
chart of accounts.
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general
ledger accounts and balances.
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Which of the following is not an example of a
source document that provides evidence of a transaction?
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A sales
slip
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A trial
balance
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A cash
register tape
|
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A
cancelled check
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A trial balance does not prove that all
transactions have been recorded or that the ledger is correct.
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True
|
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False
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In recording accounting transactions, evidence
that a transaction has taken place is obtained from
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the
Securities and Exchange Commission.
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source
documents.
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the
Internal Revenue Service.
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the
public relations department.
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