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16) The purchase of three computers for the sales?staff, on?account, is recorded in the?________ journal. A. cash payments B. equipment C. general D. purchases 17)

16) The purchase of three computers for the sales? staff, on? account, is recorded in the? ________ journal.

A.

cash payments

B.

equipment

C.

general

D.

purchases


17)

An accounting information system has three basic? components: source documents and input? devices, processing and? storage, and internal controls.


True


False


19) The cash receipts journal is a special journal used to record business transactions involving cash receipts and credit sales.


True


False


20)

The main computer where data are? stored, which can be accessed from many different? computers, is known as software.


True


False

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