Which Accounts in the General Ledger Are Affected When the Monthly

question 37

Multiple Choice

Which accounts in the general ledger are affected when the monthly posting is made from the sales journal?

• A) Accounts Receivable; accounts receivable subsidiary accounts
• B) Accounts receivable subsidiary accounts; Sales Revenue
• C) Accounts Receivable; Sales Revenue
• D) Accounts Receivable; Accounts Payable

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Definitions:

Cumulative Personalities Continuity

The psychological theory that an individual's personality traits become more entrenched and consistent over their lifetime through a buildup of experiences and behaviors.

Birth-Order Effects

Theoretical concepts suggesting that a person's rank by age among siblings influences their personality, behavior, and intelligence.

Paradox

A statement or concept that contains conflicting ideas, yet may be true simultaneously.

Personality Development

The dynamic and ongoing process by which individual personality characteristics evolve and change over time.