MATCHING Identify the Letter of the Choice That Best Matches the the Phrase

question 13

Multiple Choice

MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-Downgraded,devalued,or made obsolete

• A)Attribute
• B)Deprecated
• C)Hyperlink
• D)Standards
• E)Value

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Definitions:

Purchases Journal

A record used in accounting to track all acquisitions of merchandise, inventory, and supplies on credit.

Purchases Journal

A record keeping tool used in accounting to track all purchases made by a business, including inventory, supplies, and services.

Subsidiary Posting

The process of transferring details from the journal into subsidiary ledgers, which help in maintaining detailed information on individual account balances.

Cash Payments

Outflows of cash to settle obligations or purchase goods and services.