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Question

Semester I, Year 2

Pre-Entry Test

Duration: 20 mm

I.

Multiple Choice Questions (5pts)

Circle the correct choice.

1) A group of separate accounts such as for Cash, Supplies, and Expense, is called:

a. Chart of accounts

b. Source documents

c. Journal

d. Ledger

2) Source documents for recording accounting transaction include:

a. All of these

Answer

a. All of these

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The correct answer is a. All of these. Source documents are documents that provide evidence of a business transaction and are used to record accounting transactions. Examples...