Tangent Corporation Makes a $1,200 Purchase of Merchandise Inventory for Cash

question 86

Multiple Choice

Tangent Corporation makes a $1,200 purchase of merchandise inventory for cash. This transaction will be recorded in the:

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

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Definitions:

Cognitive Neuroscience

The scientific field that is concerned with the study of the biological processes and aspects that underlie cognition, with a specific focus on the neural connections in the brain which are involved in mental processes.

Long-Term Interests

Enduring passions or enthusiasms in particular subjects or activities.

Short-Term Pleasures

Temporary gratifications that result in immediate joy or satisfaction.

Evolutionary Psychologists

Scientists who study the psychological adaptations of humans to the changing physical and social environment, focusing on how evolutionary principles explain human thoughts, feelings, and behaviors.