Which of the Following Statements Is Not Correct

question 20

Multiple Choice

Which of the following statements is not correct?

• A) Use of a sales journal eliminates repetition in posting individual entries to the Accounts Receivable account in the general ledger.
• B) A journal that is used to record only one type of a transaction is called a special journal.
• C) The sales slip is the source document for sales on credit transactions.
• D) If the firm must collect sales tax on retail transactions,the sales journal should have a Sales Tax Payable Debit column.

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Definitions:

Legal and Ethical Rules

Guidelines and principles that govern conduct within professional practices, distinguishing right from wrong.

Prosecutors

Legal professionals who conduct the prosecution of criminal defendants on behalf of the government, aiming to prove the guilt of the defendant.

Discretion

The freedom to decide what should be done in a particular situation.

Prosecutorial Misconduct

Inappropriate or unethical behavior by a prosecutor, such as withholding evidence, that can undermine a fair trial.