Case 23-1 Ryan Works in the Main Office of a Pizza

question 11

Multiple Choice

Case 23-1 Ryan works in the main office of a pizza restaurant chain. He is updating a database that contains customer contact information used for deliveries. Since it contains addresses, Ryan will use this database to send the customers a special coupon offer through the mail. For bulk mail rates, Ryan must sort the labels by ____.

• A) last name
• B) city
• C) state
• D) postal code

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Definitions:

Creditor Balances

The amounts owed by a business to its creditors, representing liabilities for goods, services, or loans provided to the business.

Cash Payments Journal

An accounting ledger that tracks all cash outflows or payments made by a business.

Revenue Journal

A specialized accounting journal used to record all sales transactions of a business, tracking the inflow of revenue.

Adjusting Journal Entries

Entries made in accounting records at the end of an accounting period to allocate income and expenditures to the correct period.