The Payments Journal May Be Used for the Following -

question 7

Multiple Choice

The payments journal may be used for the following -

• A)full cash payment to suppliers
• B)partial cash payment to suppliers
• C)purchase transactions paid by cheque
• D)all of the above

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Definitions:

Return Value

The output generated by a function or a procedure after execution, which can be a number, text, or complex data types depending on the operation.

VLOOKUP

A function in spreadsheet software that searches for a value in the first column of a range and returns a value in the same row from a specified column.

MATCH Function

A function in Excel and other spreadsheet applications that searches for a specified item in a range of cells, and then returns the relative position of that item.

Total Row

A feature in spreadsheet software that automatically calculates and displays the sum, average, count, or other statistics for data in a column.