In a Firm That Uses Special Journals, the Purchase of Merchandise

question 33

Multiple Choice

In a firm that uses special journals, the purchase of merchandise for $2,800, payable in 30 days, plus a freight charge of $140 is recorded in the:

• A)cash receipts journal.
• B)general journal.
• C)purchases journal.
• D)cash payments journal.

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Definitions:

Whistle-blowers

Individuals who expose unethical, illegal, or improper practices taking place within an organization.

Unethical Organizational

Practices within an organization that are morally wrong or violate ethical standards.

Illegal

Activities or actions that are prohibited by law, leading to penalties or sanctions if violated.

Ethics Component

Refers to the moral principles or values that govern the conduct of an individual or organization.