Match the Following Terms with the Appropriate Definitions

question 152

Short Answer

Match the following terms with the appropriate definitions.
a. Sales journal
b. Controlling account
c. Accounts receivable ledger
d. Cash disbursements journal
e. Cash receipts journal
f. Schedule of accounts payable
g. Segment return on assets
h. Columnar journal
i. Special journal
j. Purchases journal
_____ 1. The special journal used to record all receipts of cash.
_____ 2. A journal with more than one column for recording data.
_____ 3. A record of the separate accounts of each credit customer that is controlled by a general
ledger account.
_____ 4. A journal used to record all purchases on credit.
_____ 5. A journal used to record sales of merchandise on credit.
6. A measure of the profitability of a segment, calculated as segment operating income divided by segment average assets.
7. A special journal used to record all payments of cash.
_____ 8. Any journal used for recording and posting transactions of a similar type.
_____ 9. A general ledger account, the balance of which, after posting, equals the sum of the balances of the accounts in its related subsidiary ledger.
_____ 10. A list of each customer from the accounts payable ledger with their balances and the total.

---

Definitions:

Contextual Intelligence

The ability to understand the limits of our knowledge and adapt that knowledge to an environment different from the one in which it was developed.

Componential Intelligence

A facet of Sternberg's triarchic theory, emphasizing analytical aspects of intelligence such as problem-solving abilities and logical reasoning.

Naturalist Intelligence

Refers to the ability to identify, categorize, and draw upon certain features of the environment, often associated with a strong appreciation and understanding of nature and wildlife.

Experiential Intelligence

A facet of intelligence that involves the ability to use personal experiences to effectively solve problems, adapt to new situations, and learn from past outcomes.