The Credit Sales of Assets That Occur Infrequently, Such as Buildings

question 78

Multiple Choice

The credit sales of assets that occur infrequently, such as buildings, are recorded in the:

• A)sales journal.
• B)cash receipts journal.
• C)accounts receivable journal.
• D)general journal.

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Definitions:

Evolution

A method through which various types of organisms are believed to have evolved and varied from their ancestors throughout Earth's history.

Natural Selection

A mechanism of evolution where organisms better adapted to their environment tend to survive and reproduce more offspring.

Adopted Children

Individuals who have been legally taken into a family different from their birth family, becoming full members of the adoptive family with all the rights and responsibilities that entails.

Biological Parents

The individuals from whom a person inherits their genetic characteristics, typically referred to as the natural mother and father.