Generally,our Feelings Are Based on

question 38

Multiple Choice

Generally,our feelings are based on

• A) our experiences.
• B) our expectations.
• C) both our experiences and expectations.
• D) neither our experiences nor our expectations.

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Definitions:

Cash Payments Journal

A financial journal that records all cash outflows or payments made by a business.

Other Accounts Cr.

This term likely refers to the credit (Cr.) entries in accounts other than those frequently categorized, perhaps implying adjustments or less common financial transactions.

Purchases Journals

Accounting journals used to record all purchases of goods and services on credit for the purpose of resale.

Cash Receipts Journal

A dedicated accounting journal used to record all cash inflows or receipts, including cash sales and accounts receivable collections.