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The relevance principle prescribes that an accounting information system report all information gathered, even if it is not useful for decision making Group starts True

The relevance principle prescribes that an accounting information system report all information gathered, even if it is not useful for decision making Group starts True or False

Cash receipts journal is used to record cash sales T/F

The Purchases Journal is used for

-Recording credit sales

-Recording cash purchcases

-recording credit purchases

-recording both credit purchases and crfedi sales

-recording cash sales

A sales journal is used for recording cash sales. - t/f

The general journal records credit sales of non-inventory assets. True or False

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