Which of the Following Statements Is Correct

question 40

Multiple Choice

Which of the following statements is correct?

• A)To provide an adequate audit trail, sales on credit should be recorded in both the sales journal and the general journal.
• B)The complete information for each sale of merchandise on credit can be recorded on one line of the general journal.
• C)The sales journal is used for recording both cash sales and credit sales.
• D)Since the sales journal is used for a single purpose, there is no need to enter any descriptions.

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Definitions:

Work-Related Needs

The requirements or desires that employees seek to fulfill through their employment, such as income, fulfillment, and professional development.

Intellectual Growth

The development of the mind and cognitive abilities through learning, experience, and education.

Skills And Abilities

Refers to the competencies and capabilities that an individual possesses.

On-Demand Labor

A form of labor where workers are hired on a temporary basis to meet immediate or short-term requirements, often facilitated by digital platforms.