The One Characteristic That All Entries Recorded in a Multiple-Column

question 29

Multiple Choice

The one characteristic that all entries recorded in a multiple-column purchases journal have in common is a

• A) credit to the Cash account.
• B) debit to the Cash account.
• C) debit to the Accounts Payable account.
• D) credit to the Accounts Payable account.

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Definitions:

Cheese

A dairy product derived from milk that is produced in a wide range of flavors, textures, and forms by coagulating the milk protein casein.

Substitutes

Products or services that can replace each other in use, causing the demand for one to increase when the price of the other rises.

Complements

Goods or services that are used together with another, such that the demand for one increases when the price of the other decreases.

Video Games

Electronic games played through the use of computers, consoles, or other devices, often involving interactive and multimedia elements.