Gable's Wholesale Uses a Sales Journal

question 46

Multiple Choice

Gable's Wholesale uses a sales journal. An entry in this journal represents a

• A) debit to Cash; credit to Sales Revenue.
• B) debit to Accounts Receivable; credit to Sales Revenue.
• C) debit to Sales Discounts; credit to Cash.
• D) debit to Accounts Payable; credit to Sales Returns and Allowances.

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Definitions:

Thoughts

Mental processes or considerations formed in the mind, such as ideas, opinions, and beliefs.

Feelings

Emotional states or reactions that are subjective and often influenced by one's circumstances or interactions.

Achievers

Individuals or groups known for successfully reaching goals or accomplishing tasks.

Career Choice

The process of deciding on a path or specific occupation to pursue as one's profession.