The Account That Is Credited for Every Transaction Entered in the Purchases

question 18

Multiple Choice

The account that is credited for every transaction entered in the purchases journal is:

• A)cash.
• B)accounts payable.
• C)accounts receivable.
• D)sales discounts.

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Definitions:

Latent Heat

The amount of heat energy required to change a substance from one state to another: a key principle of refrigeration physics. See also latent heat of condensation and latent heat of vaporization.

Vaporization

To change state from a liquid to a gas. The result of boiling a liquid. To evaporate.

Reefer Trailers

Refrigerated trailers used for transporting perishable goods that require temperature-controlled environments.

Refrigerant

The cooling media used in air-conditioning and trailer reefer systems; a liquid capable of vaporizing at low temperatures such as ammonia, propane, R-12, R-134a, R-1234yf, etc.