Examlex
According to Nathan Brody, abstract reasoning, the capacity to acquire knowledge, and problem-solving ability comprises:
Special Journals
Special journals are accounting journals designed to record a specific type of transaction in a more efficient manner, such as sales or purchases.
General Journal
A primary accounting record used to record all types of transactions not specifically assigned to another journal.
Sales Discount
A reduction given by a seller for prompt payment of a credit sale.
Cash Receipts Journal
A specialized accounting journal used to keep track of all cash inflows or receipts from various sources.
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