The characteristic that all entries recorded in a cash receipts journal have in common is Group of answer choices they originate from the sale of inventory. a credit to the Cash account. they all represent collections from customers. a debit to the Cash account.   2. Credit sales of assets other than inventory are often recorded in the Group of answer choices general journal. cash payments journal. sales journal. cash receipts journal   3. Which of the following documentation uses vertical segregation for each departments? Group of answer choices None of the above System Flowchart Data Flow Diagram Program Flowchart

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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  1. The characteristic that all entries recorded in a cash receipts journal have in common is

Group of answer choices

they originate from the sale of inventory.

a credit to the Cash account.

they all represent collections from customers.

a debit to the Cash account.

 

2. Credit sales of assets other than inventory are often recorded in the

Group of answer choices

general journal.

cash payments journal.

sales journal.

cash receipts journal

 

3. Which of the following documentation uses vertical segregation for each departments?

Group of answer choices

  1. None of the above
  2. System Flowchart
  3. Data Flow Diagram
  4. Program Flowchart

please answer all for upvote

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