In a Typical Sales Journal,you Would Expect to See the Following

question 45

Multiple Choice

In a typical sales journal,you would expect to see the following columns:

• A)Sales dr.
• B)Sales cr.
• C)Purchases dr.(if periodic method used).
• D)Inventory dr.(if perpetual method used).
• E)Cost of Goods Sold cr.(if perpetual method used).

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Definitions:

Provinces And Territories

Political and geographic subdivisions within a country, each with its own government and regulations.

Indirect Approach

A communication strategy that uses suggestion, implication, or other indirect methods rather than direct statements.

Obscure Bad News

The practice of hiding, downplaying, or obfuscating negative information to avoid negative reactions.

Limit Responsibility

The act of defining or restricting the amount of duty and accountability assigned to a person or organization.