91. After posting is completed, there may be an error if: 

A. The sum of the customer account balances does not equal the total in the sales journal.

B. The sum of the accounts receivable ledger does not equal the balance in the Sales account.

C. The sum of the customer account balances does not equal the general ledger Accounts Receivable controlling account balance.

D. The balance in the sales journal does not equal the Accounts Receivable account balance.

E. The sum of the accounts receivable ledger does not equal the balance in the sales journal.

92. Assume that a company using a purchases journal made an error in totaling the journal's accounts payable column. The error should be discovered: 

A. When the purchases journal is posted to the general ledger.

B. When the sum of the vendor accounts does not equal the balance in the Purchases journal.

C. When the total of the schedule of accounts payable is compared with the balance of the Accounts Payable account.

D. When the creditors receive their payments.

E. When the financial statements are prepared.

93. The main difference in the sales journal under the perpetual and periodic inventory system is: 

A. The column to record cost of goods sold and inventory amounts sold that is used under the perpetual system but not the periodic.

B. The sales tax receivable column that is used under the perpetual system but not the periodic.

C. The sales tax payable column that is used under the perpetual system but not the periodic.

D. The accounts receivable column that is used under the perpetual system but not the periodic.

E. The column for recording cash that is used under the perpetual system but not the periodic.

94. The accounting principle that prescribes an accounting information system conform with a company's activities, personnel, and structure is the: 

A. Control principle.

B. Compatibility principle.

C. Relevance principle.

D. Flexibility principle.

E. Cost-Benefit principle.

95. All of the following statements regarding source documents are true except: 

A. Source documents provide the basic information processed by an accounting system.

B. Source documents include bank statements, cash register files, and employee earnings records.

C. Source documents are insignificant and play a minor role in the reliability of the information system.

D. Source documents can be paper or electronic files.

E. Source documents can include Web communications.

96. All of the following statements regarding input devices are true except: 

A. Input devices capture information from source documents and enable its transfer to the system's information processing component.

B. Input devices convert data on source documents from written form to a form usable for the system.

C. Input devices include keyboards, scanners, and modems.

D. Input devices include journal entries.

E. Input devices are always reliable and no controls are needed to verify accuracy of input.

97. For a retailer required to collect sales taxes from customers, all of the following adaptations would be made to the sales journal except: 

A. Column totals would continue to be posted as usual.

B. A Sales Taxes Payable credit column would be added.

C. There would be a separate Accounts Receivable debit column.

D. A Sales Taxes Payable debit column would be added.

E. There would be a separate Sales credit column.

98. To be sure that total debits and credits in a columnar journal are equal, before posting we should: 

A. Crossfoot.

B. Foot.

C. Journalize.

D. Post.

E. Reconcile.

99. A company borrowed $50,000 from a bank by signing a long-term note payable. Identify the journal the transaction would be recorded in. 

A. Cash disbursements journal.

B. Sales journal.

C. Cash receipts journal.

D. Purchases journal.

E. General journal.

100. A company had cash sales of $24,000 (cost is $13,000). Identify the journal the transaction would be recorded in. 

A. Cash disbursements journal.

B. Sales journal.

C. Cash receipts journal.

D. Purchase journal.

E. General journal.

91. After posting is completed, there may be an error if: 

A. The sum of the customer account balances does not equal the total in the sales journal.

B. The sum of the accounts receivable ledger does not equal the balance in the Sales account.

C. The sum of the customer account balances does not equal the general ledger Accounts Receivable controlling account balance.

D. The balance in the sales journal does not equal the Accounts Receivable account balance.

E. The sum of the accounts receivable ledger does not equal the balance in the sales journal.

92. Assume that a company using a purchases journal made an error in totaling the journal's accounts payable column. The error should be discovered: 

A. When the purchases journal is posted to the general ledger.

B. When the sum of the vendor accounts does not equal the balance in the Purchases journal.

C. When the total of the schedule of accounts payable is compared with the balance of the Accounts Payable account.

D. When the creditors receive their payments.

E. When the financial statements are prepared.

93. The main difference in the sales journal under the perpetual and periodic inventory system is: 

A. The column to record cost of goods sold and inventory amounts sold that is used under the perpetual system but not the periodic.

B. The sales tax receivable column that is used under the perpetual system but not the periodic.

C. The sales tax payable column that is used under the perpetual system but not the periodic.

D. The accounts receivable column that is used under the perpetual system but not the periodic.

E. The column for recording cash that is used under the perpetual system but not the periodic.

94. The accounting principle that prescribes an accounting information system conform with a company's activities, personnel, and structure is the: 

A. Control principle.

B. Compatibility principle.

C. Relevance principle.

D. Flexibility principle.

E. Cost-Benefit principle.

95. All of the following statements regarding source documents are true except: 

A. Source documents provide the basic information processed by an accounting system.

B. Source documents include bank statements, cash register files, and employee earnings records.

C. Source documents are insignificant and play a minor role in the reliability of the information system.

D. Source documents can be paper or electronic files.

E. Source documents can include Web communications.

96. All of the following statements regarding input devices are true except: 

A. Input devices capture information from source documents and enable its transfer to the system's information processing component.

B. Input devices convert data on source documents from written form to a form usable for the system.

C. Input devices include keyboards, scanners, and modems.

D. Input devices include journal entries.

E. Input devices are always reliable and no controls are needed to verify accuracy of input.

97. For a retailer required to collect sales taxes from customers, all of the following adaptations would be made to the sales journal except: 

A. Column totals would continue to be posted as usual.

B. A Sales Taxes Payable credit column would be added.

C. There would be a separate Accounts Receivable debit column.

D. A Sales Taxes Payable debit column would be added.

E. There would be a separate Sales credit column.

98. To be sure that total debits and credits in a columnar journal are equal, before posting we should: 

A. Crossfoot.

B. Foot.

C. Journalize.

D. Post.

E. Reconcile.

99. A company borrowed $50,000 from a bank by signing a long-term note payable. Identify the journal the transaction would be recorded in. 

A. Cash disbursements journal.

B. Sales journal.

C. Cash receipts journal.

D. Purchases journal.

E. General journal.

100. A company had cash sales of $24,000 (cost is $13,000). Identify the journal the transaction would be recorded in. 

A. Cash disbursements journal.

B. Sales journal.

C. Cash receipts journal.

D. Purchase journal.

E. General journal.

91. After posting is completed, there may be an error if: 

A. The sum of the customer account balances does not equal the total in the sales journal.

B. The sum of the accounts receivable ledger does not equal the balance in the Sales account.

C. The sum of the customer account balances does not equal the general ledger Accounts Receivable controlling account balance.

D. The balance in the sales journal does not equal the Accounts Receivable account balance.

E. The sum of the accounts receivable ledger does not equal the balance in the sales journal.

92. Assume that a company using a purchases journal made an error in totaling the journal's accounts payable column. The error should be discovered: 

A. When the purchases journal is posted to the general ledger.

B. When the sum of the vendor accounts does not equal the balance in the Purchases journal.

C. When the total of the schedule of accounts payable is compared with the balance of the Accounts Payable account.

D. When the creditors receive their payments.

E. When the financial statements are prepared.

93. The main difference in the sales journal under the perpetual and periodic inventory system is: 

A. The column to record cost of goods sold and inventory amounts sold that is used under the perpetual system but not the periodic.

B. The sales tax receivable column that is used under the perpetual system but not the periodic.

C. The sales tax payable column that is used under the perpetual system but not the periodic.

D. The accounts receivable column that is used under the perpetual system but not the periodic.

E. The column for recording cash that is used under the perpetual system but not the periodic.

94. The accounting principle that prescribes an accounting information system conform with a company's activities, personnel, and structure is the: 

A. Control principle.

B. Compatibility principle.

C. Relevance principle.

D. Flexibility principle.

E. Cost-Benefit principle.

95. All of the following statements regarding source documents are true except: 

A. Source documents provide the basic information processed by an accounting system.

B. Source documents include bank statements, cash register files, and employee earnings records.

C. Source documents are insignificant and play a minor role in the reliability of the information system.

D. Source documents can be paper or electronic files.

E. Source documents can include Web communications.

96. All of the following statements regarding input devices are true except: 

A. Input devices capture information from source documents and enable its transfer to the system's information processing component.

B. Input devices convert data on source documents from written form to a form usable for the system.

C. Input devices include keyboards, scanners, and modems.

D. Input devices include journal entries.

E. Input devices are always reliable and no controls are needed to verify accuracy of input.

97. For a retailer required to collect sales taxes from customers, all of the following adaptations would be made to the sales journal except: 

A. Column totals would continue to be posted as usual.

B. A Sales Taxes Payable credit column would be added.

C. There would be a separate Accounts Receivable debit column.

D. A Sales Taxes Payable debit column would be added.

E. There would be a separate Sales credit column.

98. To be sure that total debits and credits in a columnar journal are equal, before posting we should: 

A. Crossfoot.

B. Foot.

C. Journalize.

D. Post.

E. Reconcile.

99. A company borrowed $50,000 from a bank by signing a long-term note payable. Identify the journal the transaction would be recorded in. 

A. Cash disbursements journal.

B. Sales journal.

C. Cash receipts journal.

D. Purchases journal.

E. General journal.

100. A company had cash sales of $24,000 (cost is $13,000). Identify the journal the transaction would be recorded in. 

A. Cash disbursements journal.

B. Sales journal.

C. Cash receipts journal.

D. Purchase journal.

E. General journal.

They have a magnificent team. These people are always kind and willing to listen to your concerns or issues. Better yet, your assignment is always ready before the time, they usually send you a draft to double-check before they finalize your paper.

Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.

The work has not been graded but I like the output that was submitted to me. Is it possible for the same prof to do the next assignment I will be submitting? If possible, I will greatly appreciate it.

My third using this writer and absolutely amazing work! Very punctual and very understanding.

Outstanding job in writing my paper. I am always thrill to receive a well written paper that follows the instructions and the thorough details put into my paper. The quality of this paper is beyond awesome. Thank you so much.

I absolutely love this writer! He/she always cranks out a fabulous paper and follows the assignment guidelines/instructions perfectly. Thanks again for always providing such quality work!!!

It took some time to achieve the product I was looking for, but we eventually got there. I do feel like a lot of hard work was put into this, and it even exceeded the page requirement. I'm pretty pleased overall. I give my thanks.

Outstanding work! This writer followed every instruction and my paper came back with an A! I recommend to anyone needing help! Thank you again ❤️

Outstanding job in writing my paper. I am always thrill to receive a well written paper that follows the instructions and the thorough details put into my paper. The quality of this paper is beyond awesome. Thank you so much.

Made 100% on both the outline and the paper. Quick turnaround time and my writer responded within 30 min or less. Any edits my instructor needed, my writer was patient and worked diligently to accomplish the task. Would recommend my writer to anyone!

You are making my life so much easier! I am a single mom that works and goes to school. You guys are helping me with my projects so I can have more free time with my son.

I was sure it can fit in a single page but the next time I will add one more page because I am impressed with your professionalism and quality. Will use many more times till I graduate.

Simple registration and quality services. I just ordered one paper, and it was good enough to pass the exam. That is what I need the most. Good job.

I couldn’t finish my freaking essay, and I was very desperate. A friend of mine sent me a link, and that is how I found out about you guys. Thank you for professional tips and editing. Now, I understand how to write it properly.

I’m so grateful to you since you managed to complete my term paper in one day! You are definitely the best company ever!

I am sure on your ability to provide any type of paper I will order. I wish I could develop that skill your writers have to be able to have a flow of ideas and excellent sequencing of thoughts in writing.

I ordered a thesis paper and was satisfied. All the guys were polite and highly professional, even when I wrote to them several times per day. Thanks for your passion!

I turned to the service twice, and my papers always were beyond the expectations. To tell the truth, I was ready to find some grammar errors or something like that. However, everything was neat and tidy.

My friend recommended Doctor My Essay to me. It is convenient! Now we both turn to the service periodically coz wanna save some time and use it more effectively. I know that while I’m developing my startup, an expert is working on paper. Time management in work!

I write all paper works by myself but have some problems with literacy. Actually, I have enormous problems because English is not my native language. However, with proofreading from Doctor My Essay, I can relax and don’t be ashamed of mistakes.

Your ability to write concisely is a finding. The paper has a solid argument. It’s clear that the writer understood central claim about the topic. He also presented original ideas to consider.

That paper got the highest grade in my class and the professor thinks I’m the smartest student. Lol.

I was convinced that paper writing services are the fiction for naive students. But when it came to my research paper that was to be composed in 72 hours, I had no other options. I made the right choice when I ordered it from you!

I was also satisfied with the service. Usually, I write everything by myself, but this time ( I have no idea how it happens!) I missed the deadline. My writer was very responsible, wrote the essay quickly, and kept the instructions. Nice to know that such experts exist!

It is really affordable! The prices start from 9$, which is an excellent proposal on the market. Recently I worked with another service that took much more money and provided lower quality papers.

I am absolutely satisfied. I am first timer here. Revision was made quickly, and the author met my expectations. Thanks a lot. Paper is phenomenal.

Having heard a lot of negative reviews about such services, I was a bit skeptical. However, our cooperation with Doctor My Essay was without pitfalls. I made two comments about the final work, and they re-wrote some parts very promptly. I am satisfied and will turn to them in the future.

It was my first experience in online ordering, and I was a bit nervous. However, this was for nothing. I’ve got a high mark!

I understand that buying essays is a doubtful thing. You don’t put effort, don’t represent your ideas… However, I don’t perceive Doctor My Essay as a standard service. They don’t sell papers. They share high expertise!

According to my previous experience, this service is really the best. They support the client and have competitive writers. I give them a perfect score!

Nice service! It is cool that you can use the calculator on the main page and understand the price policy. For me, it is a huge plus!

Thanks to God I found this service! If I didn’t send my research to the teacher on time, he would eat me. I tell you! However, with doctor my essay service, I met the deadline, and I am still alive.

Your service is excellent! Convenient and not expensive. Thanks for that!

If you have problems with time management, just like me, you need to cooperate with Doctor My Essay. Once you registered and made the order, you understand how easier it makes your life! Everything is online: ordering, communication… You can control the process everywhere and be sure that an expert will provide a high-level paper.