When the Sales Journal's Column for Accounts Receivable and Sales

question 45

Multiple Choice

When the sales journal's column for accounts receivable and sales is totaled at the end of the month, its total is:

• A) Debited to Sales and credited to Accounts Receivable.
• B) Debited to Accounts Receivable and credited to Cash.
• C) Debited to Cash and credited to Accounts Receivable.
• D) Debited to Accounts Receivable and credited to Sales.
• E) Debited to Cash and credited to Sales.

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Definitions:

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Values in a data set that are significantly higher or lower than the majority of the observations.

Box Plot

A standardized way of displaying the distribution of data based on a five number summary: minimum, first quartile, median, third quartile, and maximum.

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The method by which something is distributed among a group or dispersed across an area.