The Special Journals of Many Accounting Systems Include All the Following

question 40

Multiple Choice

The special journals of many accounting systems include all the following except:

• A)Sales journal
• B)The general ledger
• C)Purchases journal
• D)Cash receipts journal
• E)Cash disbursements journal

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Definitions:

Confederal System

A form of government where power is distributed among several independent states, which retain full control over their internal affairs but cooperate on certain issues.

Central Government

The national government of a sovereign state that holds the authority to govern the country as a whole.

Real Power

The actual ability or capacity to act, make decisions, and enforce control, often different from the perceived or official authority.

Supreme Court

is the highest court in various countries, responsible for interpreting the constitution and laws, and its decisions serve as precedents in all courts of the nation.