Excel Assigns a Format Code to Every Format Style Listed

question 39

True/False

Excel assigns a format code to every format style listed in the Category list on the Number sheet in the Format Cells dialog box.

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Definitions:

Partial Payment

A payment made that is not the full amount owed at the time, typically agreed upon in advance between debtor and creditor.

Cash Receipts Journal

A specialized accounting journal that tracks all cash inflows or money received by a business.

Sales Journal

A specialized accounting journal used to record all sales made by a business on credit.

Sales Journal

A specialized accounting journal used to record all sales of merchandise on credit.