Examlex
Which of the following service categories entails the least amount of support needed on the part of the cloud customer?
General Journal
A fundamental accounting record where all transactions are initially documented through journal entries in chronological order.
Merchandise Credit
A type of voucher issued by retailers to a customer when returned merchandise cannot be refunded in cash, used for future purchases.
Reversing Entries
Journal entries made at the beginning of an accounting period to negate or reverse certain adjusting entries made in the previous period for simplification.
Adjusting Entries
Adjusting entries are journal entries made at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.
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