A Company Makes a Payment of $5,000 on a Long-Term

question 56

Multiple Choice

A company makes a payment of $5,000 on a long-term note payable. The journal the transaction would be recorded in is the:

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

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Definitions:

Magnetic Resonance Imaging

A non-invasive imaging technique that uses a magnetic field and radio waves to create detailed images of the organs and tissues within the body.

Hydrogen Atoms

The simplest and most abundant type of atom in the universe, consisting of one proton and one electron.

Computed Tomography

A diagnostic imaging technique that uses a combination of X-rays and computer technology to produce cross-sectional images of the body's internal structures.

X-Rays

A form of electromagnetic radiation used in medical imaging to view the inside of the body, including bones and certain tissues.