<?xml version="1.0"?>
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  <Questions>
    <Question>
      <Info>In this book, you can see the ending balance of each account you record in General Journal and Special Journals. </Info>
      <link />
      <Answers>
        <Answer>
          <Info>Purchases Journal</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>General Ledger</Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
        <Answer>
          <Info>general journal</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>None of the above</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>This method is done using complex accounting software. </Info>
      <link />
      <Answers>
        <Answer>
          <Info>Computerized Books of Accounts</Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
        <Answer>
          <Info>Special Journals</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>cash receipts journal</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>None of the above</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>A general journal is also called ______________. </Info>
      <link />
      <Answers>
        <Answer>
          <Info>cash receipts journal</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>book of final entry</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>book of original entry</Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
        <Answer>
          <Info>None of the above</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>This is called the book of original entry because this is the first book where the business transactions are recorded. </Info>
      <link />
      <Answers>
        <Answer>
          <Info>general journal </Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
        <Answer>
          <Info>Computerized Books of Accounts</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>General Ledger</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>None of the above</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>Designed to account for purchases of merchandise, supplies and other assets on account. </Info>
      <link />
      <Answers>
        <Answer>
          <Info>Special Journals</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>Purchases Journal</Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
        <Answer>
          <Info>cash disbursements journal </Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>None of the above</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>This journal lists all credit sales. Also, this journal is specifically designed to record sales of merchandise on account. </Info>
      <link />
      <Answers>
        <Answer>
          <Info>cash receipts journal </Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>Purchases Journal</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>Sales Journal</Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
        <Answer>
          <Info>None of the Above </Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>This is one of the books of accounts you use to record all cash paid by the business. All cash payments are recorded in this journal.</Info>
      <link />
      <Answers>
        <Answer>
          <Info>cash disbursements journal</Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
        <Answer>
          <Info>Special Journals</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>Purchases Journal</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>None of the Above</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>This is one of the books of accounts you use to record all cash received by the business. All transactions involving cash receipts are recorded in this journal. </Info>
      <link />
      <Answers>
        <Answer>
          <Info>Computerized Books of Accounts</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>cash receipts journal</Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
        <Answer>
          <Info>cash disbursements journal</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>None of the Above</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>These are multi-column journals that have columns reserved for specific transaction. </Info>
      <link />
      <Answers>
        <Answer>
          <Info>Purchases Journal</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>Sales Journal</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>Special Journals</Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
        <Answer>
          <Info>None of the Above</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
    <Question>
      <Info>A general ledger is also called ______________.</Info>
      <link />
      <Answers>
        <Answer>
          <Info>book of final entry </Info>
          <IsCorrect>true</IsCorrect>
        </Answer>
        <Answer>
          <Info>Special Journals</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>book of original entry </Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
        <Answer>
          <Info>None of the Above</Info>
          <IsCorrect>false</IsCorrect>
        </Answer>
      </Answers>
      <Type>Single</Type>
    </Question>
  </Questions>
</Data>