StPetersburg Company Makes a $1,200 Purchase of Merchandise Inventory for Cash.This

question 20

Multiple Choice

St.Petersburg Company 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

---

Definitions:

Social Institutions

Complex, enduring social structures that meet basic human needs such as family, education, and religion.

Conflict Theorists

Scholars who analyze social phenomena through the lens of conflict, focusing on power disparities, inequality, and the struggle between groups for resources or influence.

Social Institutions

The organized and established structures in society that dictate patterns of behavior, relationships, and cultural norms.

Organic Solidarity

Unity based on role differentiation, not similarity.