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