If Merchandise from a Cash Sale Is Returned by a Customer

question 18

Multiple Choice

If merchandise from a cash sale is returned by a customer for a refund the sales return is recorded in the

• A) general journal.
• B) cash receipts journal.
• C) cash payments journal.
• D) sales journal.

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Definitions:

Cultural Features

Characteristics that define a particular culture, including language, art, customs, traditions, and values.

Demographic Features

Characteristics of a population being studied, including age, sex, ethnicity, income, education, and more.

Idiocentric

Characterizing individuals who are more self-reliant and independent, prioritizing their personal goals over group goals.

Group

A group refers to a number of individuals who have shared interests or goals and are perceived to be bound together in some manner.