Which of the Following Is NOT True About Captions

question 5

Multiple Choice

Which of the following is NOT true about captions?

• A) Tables don't need them.
• B) They are placed below figures.
• C) They help those who only look at graphics.
• D) They can be automated with Microsoft Word.

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Definitions:

Cash Payments Journal

A financial journal that records all disbursements of cash, including expenses, asset purchases, and debt payments.

Merchandise

Goods that are purchased with the intention of reselling them to customers, typically found in the inventory of retail businesses.

Purchases Journal

An accounting journal used to record all purchases of goods and services on credit.

Other Accounts Column

The Other Accounts Column appears in accounting journals or ledgers, used to record transactions that do not fit into the standard categories or columns provided, ensuring flexibility in bookkeeping.