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

question 64

Multiple Choice

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

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

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Definitions:

Salesforce Automation

A technique using software to automate the business tasks of sales, including order processing, contact management, inventory monitoring, and customer information tracking.

Acronym

A type of abbreviation formed from the initial letters of other words and pronounced as a word.

Major Roles

refer to the principal or leading positions in an organization, project, or activity, often with significant responsibility.

Personal Selling

A direct marketing approach where sales representatives personally engage with potential customers to demonstrate and persuade the purchase of products or services.