If There Is No Cash Involved in a Business Transaction,the

question 148

Multiple Choice

If there is no cash involved in a business transaction,the transaction should be recorded in ________.

• A) either the cash receipts journal or general journal
• B) either the sales journal or purchases journal
• C) the general journal only
• D) sales journal, purchases journal, or general journal

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Definitions:

First Amendment Rights

First Amendment Rights are freedoms guaranteed by the First Amendment to the US Constitution, including freedoms of speech, press, religion, assembly, and the right to petition the government.

Diversity Jurisdiction

a type of jurisdiction that allows federal courts to hear lawsuits between parties from different states or between a U.S. citizen and a foreign government, provided the amount in controversy exceeds a specified threshold.

Federal Question

A legal issue involving the interpretation of the U.S. Constitution, federal laws, or treaties.

Exclusive Jurisdiction

The sole power of a court to adjudicate cases concerning a specific subject matter or parties.