Which Statement Is True

question 84

Multiple Choice

Which statement is true?

• A)All purchases should be recorded in a purchases journal.
• B)Closing and reversing entries will be found in the sales journal.
• C)Returned merchandise from a customer should be entered in the sales journal.
• D)All cash sales should be recorded in the cash receipts journal.

Understand the process of translating an algorithm into programming code.

Differentiate between various generations of programming languages and their characteristics.

Understand the definition and components of object-oriented classes.

Recognize the significance of portability in software development and deployment.

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Definitions:

75 Percent

A numerical value or percentage that can refer to various things depending on the context, generally indicating three-quarters of a total amount.

Partial Destruction

Damage to property or an item that does not completely render it unusable, but significantly impairs its value or function.

Risk Of Loss

A legal and contractual concept determining which party bears the risk for damage or loss of goods after a sale has been completed but before delivery is made.

Contract Price

The total agreed-upon amount for services or goods detailed within a contract.