Sua quiz 1 - Study guides, Class notes & Summaries

SUA Quiz 1 Latest Update Graded A+ What is the name of the company? Waren Sports Supplies What type of business is the business? Wholesaling Who does the company distribute goods to and how is it operated? Colleges and universities; a salaried manager and two hourly employees What are the names of the company's three employees? Ray Kramer (manager) Jim Adams (employee) Nancy Ford (employee) The record keeping have been completed through what date? December 15th, 2017 Transactions occur thr...

SUA Quiz 1

SUA Quiz 1 Question and answers 2023/2024 verified to passIn the Acronym ARCS, A stands for: - correct answer Authorization Which of the following transactions would NOT be recorded in the Accounts Receivable journal? - correct answer Cash sale In the Accounting Process, what steps are considered inputs? - correct answer Transactions Occur, prepare documents A client's accounting records are unfamiliar to a new auditor. Where would a new auditor go to learn the names and numbers of the...

SUA Quiz 1

SUA Quiz 1

SUA Quiz 1In the Acronym ARCS, A stands for: - correct answer Authorization Which of the following transactions would NOT be recorded in the Accounts Receivable journal? - correct answer Cash sale In the Accounting Process, what steps are considered inputs? - correct answer Transactions Occur, prepare documents A client's accounting records are unfamiliar to a new auditor. Where would a new auditor go to learn the names and numbers of the accounts being debited and credited in the tran...

SUA Quiz UPDATED Actual Exam Questions and CORRECT Answers Identify the three most common transaction cycles - CORRECT ANSWER- 1. Sales and cash receipts 2. Puchases and cash dibursements 3. Payroll List the 6 specialized (special) journals used in an accounting info system- by name and abbreviation - CORRECT ANSWER- 1. Sales journal (SJ) 2. Cash receipts journal (CR) 3. Purchases journal (PJ) 4. Cash disbursements journal (CD) 5. Payroll journal (PR) 6. General journal (GJ)

SUA quiz 2024 questions and answers with complete solution Identify the three most common transaction cycles - Answer ️️ -1. Sales and cash receipts 2. Puchases and cash dibursements 3. Payroll List the 6 specialized (special) journals used in an accounting info system- by name and abbreviation - Answer ️️ -1. Sales journal (SJ) 2. Cash receipts journal (CR) 3. Purchases journal (PJ) 4. Cash disbursements journal (CD) 5. Payroll journal (PR) 6. General journal (GJ) What are t...