Which of the Following Journals Would a Company Use to Record

question 70

Multiple Choice

Which of the following journals would a company use to record period-end adjusting entries to accrue revenues?

• A) Cash disbursements journal.
• B) Purchases journal.
• C) Cash receipts journal.
• D) Sales journal.
• E) General journal.

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Definitions:

Contract

A legally binding agreement between two or more parties that outlines the terms and conditions of their relationship or transaction.

Child Safety Seats

Devices installed in vehicles to protect young children from injury or death during collisions.

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Left-Brained

Refers to a person who is thought to have a cognitive preference for analytical and logical processing, traditionally associated with the left hemisphere of the brain.