Transactions Which Do Not Affect the Cash Account Do Not

question 52

True/False

Transactions which do not affect the cash account do not need to be entered in the journal,since they do not affect net income or loss.

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Definitions:

Alcohol Dependence

A health disorder defined by the diminished capacity to cease or regulate consumption of alcohol, notwithstanding negative impacts on social interactions, work, or physical well-being.

Substance Abuse

The harmful or hazardous use of psychoactive substances, including alcohol and illicit drugs.

Substance Related Costs

Financial, social, and health-related expenses incurred due to the use and abuse of drugs and alcohol.