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

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 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...

acc 305 sua quiz 1designed to collect data, process it, and report info to a diverse group of decision makers AIS purpose - correct answer help you develop professional judgement and confidence in your ability to analyze unstructured problems Financial Statements - correct answer represent the accumulated total of all accounting transactions in which they company has been involved since inception transactions - correct answer exchanges between a company and another party or adjustments ...

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...