Which of the Following Statements Is Not Correct

question 73

Multiple Choice

Which of the following statements is not correct?

• A)The sales slip is the source document for sales on credit transactions.
• B)A journal that is used to record only one type of a transaction is called a special journal.
• C)Use of a sales journal eliminates repetition in posting individual entries to the Accounts Receivable account in the general ledger.
• 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:

EEG Recording

A technique that records the electrical activity of the brain using electrodes placed on the scalp.

Alpha Rhythm

A pattern of regular pulses, between 8 and 12 per second, visible in the EEG of a person who is relaxed but awake and typically has her eyes closed.

Beta Rhythm

The rhythmic pattern in the brain’s electrical activity often observed when a person is actively thinking about some specific topic.

Consciousness

The quality or state of being aware of an external object or something within oneself, regarded as a defining aspect of the human experience.