When Using a Manual Accounting Information System, Which of the Following

question 40

Multiple Choice

When using a manual accounting information system, which of the following will be recorded in the general journal?

• A)depreciation on equipment
• B)payment of accounts payable
• C)purchase of merchandise inventory on account
• D)receipt of cash from a debtor

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Definitions:

Persistence

The quality of continuing steadfastly or firmly in some state, purpose, or course of action, in spite of opposition.

Allowing Failure

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A structured plan of eating and drinking where quantities, menus, and/or diets are tailored to achieve specific health or fitness goals.