The journal is used by the seller to record the return by a customer of merchandise sold for cash. OA. sales OB. general OC. cash payments OD. cash receipts The Hide and Seek Company has retail outlets at both large malls and small strip malls throughout Canada. Its accounting information system is able to track total revenues by store, by type of mall, by size of the store, by province, and by region. This is an example of which feature of a good information accounting system? O A. Favourable cost/benefit relationship OB. Compatibility O C. Control OD. Flexibility All of the following are parts of the internal control characteristic referred to as separation of duties except separation of O A. operations from accounting OB. the custody of assets from accounting for those assets O C. duties within the accounting function O D. external auditors from accounting The account that is credited for every transaction entered in the purchases journal is O A. accounts receivable OB. sales discounts O C. accounts payable OD. cash