Which of the Following Would Not Be an Appropriate Heading

question 89

Multiple Choice

Which of the following would not be an appropriate heading for a column in the cash receipts journal?

• A) Cash
• B) Accounts Payable
• C) Sales Discounts
• D) Sales

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Definitions:

Software Development

The process of conceiving, specifying, designing, programming, documenting, testing, and bug fixing involved in creating and maintaining applications, frameworks, or other software components.

Generate Funds

The process of creating financial resources for a company through various means such as operations, financing, or investments.

External Financing

Funds raised from outside the company, typically through borrowing, issuing equity, or receiving grants, as opposed to internal funds generated from operations.

Full Capacity

The maximum level of output that a company can sustain over a period of time without increasing costs.