Simplify the Expression

question 1

Multiple Choice

Simplify the expression. Assume that all variables represent positive numbers.

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Definitions:

Revenue Journal

A specialized journal used to record the sales of services or goods on credit.

Accounts Receivable

Funds that a company's customers have not yet remitted for products or services that have been provided.

Subsidiary Ledger

A detailed ledger containing the individual accounts that make up a controlling account in the general ledger.

Purchases Journal

The journal in which all items purchased on account are recorded.