As You Are Building the Presentation, You Should Save Frequently

question 37

True/False

As you are building the presentation, you should save frequently.

---

Definitions:

Supplies Recorded

This refers to the accounting practice of recognizing and recording office or operational supplies as expenses when they are used.

Cash Receipts Journal

A specialized accounting journal used to record all cash inflows or receipts of the business.

Cash Withdrawn

Funds taken out from a business by the owner(s) for personal use, which can affect the owner's equity account.

Customer's Account

An account representing a customer's relationship with a business, detailing their purchases, payments, and balances.