In Preparing a Work Sheet, the Amounts for the Trial

question 65

Multiple Choice

In preparing a work sheet, the amounts for the Trial Balance columns are copied from the

• A) general journal.
• B) sales and purchases journal.
• C) general ledger.
• D) current chart of accounts.

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Definitions:

Credit Sale

A transaction where the goods or services are provided to the customer with the agreement that payment will be made at a later date.