The Entry to Record the Granting of Credit to a Customer

question 97

Multiple Choice

The entry to record the granting of credit to a customer for a sales return is posted to

• A) the accounts receivable subsidiary ledger only.
• B) the general ledger only.
• C) both the accounts receivable subsidiary ledger and the general ledger.
• D) both the accounts payable subsidiary ledger and the general ledger.

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Definitions:

Puncta

Small openings located at the inner corner of the eyelids, serving as the entrance to the tear drainage system.

Visual Pathways

The route by which visual signals travel from the eye to the brain for processing and interpretation.

Retina

The light-sensitive layer of tissue at the back of the inner eye, which converts light rays into nerve signals that are sent to the brain to create visual images.

Optic Nerve

A cranial nerve that transmits visual information from the retina to the brain.