Departmental Information Cannot Be Added to a Journal Entry When

question 16

Multiple Choice

Departmental information cannot be added to a journal entry when -

• A) balance sheet accounts are involved because departmental accounting applies only to income and expense accounts
• B) you forgot to add the department for the supplier or customer in the ledger record
• C) the entry uses only linked accounts and more than one department is involved in the transaction
• D) a sale uses more than one revenue account or a purchase uses more than one expense account