Jerry Has a Problem with a Package He Just Received-Two

question 903

Multiple Choice

Jerry has a problem with a package he just received-two items from his order are missing.Who should he contact to resolve the problem?

• A) Shipping clerk
• B) General manager
• C) Customer service representative
• D) Delivery driver

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Definitions:

Permanent Account

An account in the general ledger that carries its ending balance over to the next accounting period, such as assets, liabilities, and equity accounts.

Balance Sheet

A balance sheet is a financial statement that provides a snapshot of a company's financial condition at a specific time, summarizing its assets, liabilities, and shareholders' equity.

Income Statement Debit Column

Typically, an income statement does not use a debit column; instead, expenses decrease revenue to show net income or loss.

Balance Sheet Credit Column

Part of the balance sheet that records liabilities, equity, and certain revenues that increase the company's worth or decrease its debts.