Which of the Following Describes the Period During Which a "5

question 11

Multiple Choice

Which of the following describes the period during which a "5 times 16" contract provides electricity?

• A) From 7am to 11pm on five successive days
• B) From 4pm to 8am on five successive days
• C) For any 5 hours of a day on 16 successive days
• D) For any 16 hours of a day in five successive days

---

Definitions:

General Journal

A comprehensive record where all financial transactions of a business are originally entered before being transferred to specific accounts in the general ledger.

Cash Payments Journal

A financial journal that records all cash payments or outflows of a business.

Sales Journal

A specialized accounting journal used to record all sales transactions of a business.

Sales Revenue

The income generated from selling goods or services over a specific period before deducting any costs or expenses.