The Sales Ledger Records Transactions with Individual Credit Customers

question 68

Multiple Choice

The sales ledger records transactions with individual credit customers. Are the transactions listed below debits or credits in each individual customer's sales ledger account?

• A) Cash refunds = Debit
• B) Cash received = Credit
• C) Irrecoverable debts = Credit
• D) Sales invoices = Debit

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Definitions:

Intrinsic Task Motivation

The internal drive to perform a task well for its own sake, rather than for external rewards.

Extrinsic Environmental Components

Factors outside an organization that affect its operation, such as economic conditions, competition, and regulation.

Domain-Relevant Skills

Specific abilities and knowledge required to perform effectively in a particular field or area of work.

Intrinsic Task Motivation

The drive to undertake a task due to the inherent satisfaction and interest it provides, rather than for external rewards.