Deal Corporation Sells a Product for $500 on Account to Liza

question 64

Multiple Choice

Deal Corporation sells a product for $500 on account to Liza Masters.This transaction will be recorded in the ________.

• A)cash payments journal
• B)sales journal
• C)cash receipts journal
• D)purchase journal

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Definitions:

Cooperative

Willingness to work jointly with others towards a common goal, often characterized by mutual help and teamwork.

Unassertive

Characterized by a lack of assertiveness; often relating to someone who is hesitant to express their opinions or needs assertively.

Structural Differentiation

Structural differentiation is the process through which an organization becomes more complex by dividing and specializing its functions and roles.

Role Ambiguities

The uncertainty or lack of clarity about the expectations, responsibilities, or duties associated with a particular role.