Question and answer
The types of special journals a business uses should depend on the types of transactions that occur most frequently for a business. (Points : 3) True or False
The types of special journals a business uses should depend on the types of transactions that occur most frequently for a business. [ This is a TRUE statement because Special journals are designed as a simple way to record the most frequently occurring transactions. There are four types of Special Journals that are frequently used by merchandising businesses: Sales journals, Cash receipts
journals, Purchases journals, and Cash payments journals. ]
Expert answered|nami008|Points 91|
Question
Asked 6/30/2013 4:28:34 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
A schedule of accounts payable is used to prove that the sum of the accounts payable ledger balances equals the Accounts Payable balance in the general ledger. (Points : 3) True or False
Weegy: The accounts receivable ledger is a subledger in which you record all credit sales made by a business. User: FOB destination means free on board at origin of the shipment. (Points : 3) True or False Weegy: false FOB is an acronym which pertains to the shipping of goods. FOB specifies which party (buyer or seller) pays for which shipment and loading costs, and/or where responsibility for the goods is transferred. [ The last distinction is important for determining liability or risk of loss for goods lost or damaged in transit from the seller to the buyer. Precise meaning and usage of "FOB" can vary significantly. International shipments typically use "FOB" as defined by the Incoterm standards, where it always stands for "Free On Board". Domestic shipments within the US or Canada often use a different meaning, specific to North America, which is inconsistent with the Incoterm standards. ] (More)
Question
Expert Answered
Asked 6/30/2013 4:23:26 PM
0 Answers/Comments
A record used to keep the amount owed to each supplier is called a(n) (Points : 3) A) accounts receivable ledger. B) accounts payable ledger. C) transportation ledger. D) general ledger for accounts payable.
Question
Updated 207 days ago|10/9/2015 3:08:55 AM
1 Answer/Comment
A record to keep the amount owed to each supplier is called an: Accounts payable ledger.
Added 207 days ago|10/9/2015 3:05:12 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by selymi [10/9/2015 3:08:44 AM]
25,021,716 questions answered
Popular Conversations
A credit report is a _____.
5/2/2016 7:02:18 AM| 2 Answers
Where did Pure Land Buddhism first become ...
5/2/2016 7:37:41 AM| 2 Answers
2 2/3-5/6
Weegy: 4 1/3 - 5/6 - 1/2 is equal to 3 User: A 5-story building is 51.1 feet tall. How many feet tall is each story
5/2/2016 8:20:33 AM| 2 Answers
Which of the following is a transitional word found in this ...
Weegy: what's your question? User: Which of these words from the paragraph is NOT a transitional word or ...
5/2/2016 8:20:41 AM| 2 Answers
Which of the following technologies was NOT created during World War ...
Weegy: B. antibiotics User: Which of the following terms could be applied to the United States during the Cold ...
5/2/2016 8:37:12 AM| 2 Answers
What is Luminol?
5/2/2016 8:57:15 AM| 2 Answers
Weegy Stuff
S
Points 148 [Total 148] Ratings 7 Comments 78 Invitations 0 Offline
S
Points 112 [Total 112] Ratings 2 Comments 82 Invitations 1 Offline
S
1
L
L
P
R
P
L
P
P
R
Points 88 [Total 12340] Ratings 1 Comments 78 Invitations 0 Offline
S
Points 38 [Total 107] Ratings 0 Comments 38 Invitations 0 Offline
S
Points 11 [Total 156] Ratings 0 Comments 11 Invitations 0 Offline
S
L
P
Points 4 [Total 1169] Ratings 0 Comments 4 Invitations 0 Offline
S
Points 1 [Total 48] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
R
Points 1 [Total 723] Ratings 0 Comments 1 Invitations 0 Offline
Points 0 [Total 0] Ratings 0 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.