In a Firm That Uses Special Journals, the Issuance of a Check

question 54

Multiple Choice

In a firm that uses special journals, the issuance of a check to pay a creditor on account is recorded in the

• A) cash payments journal.
• B) cash receipts journal.
• C) sales journal.
• D) purchases journal.

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Definitions:

Sales Targets

Specific goals set for a sales department or individual salespeople, quantifying the amount of sales expected within a period.

Specific Action Items

These are clearly defined tasks or steps that need to be taken in order to achieve a particular goal or objective.

Advertising Strategy

A plan that outlines how a business will use promotions and media to communicate with its target market and persuade consumers to purchase its products or services.

Preparing Log

The procedure of recording activities, tasks, or events systematically for future reference or analysis.