The Journal Entry to Record a Particular Business Transaction Includes

question 1

Multiple Choice

The journal entry to record a particular business transaction includes a credit to a liability account.This transaction is most likely also to include:

• A)Issuance of new capital stock.
• B)The purchase of an asset on account.
• C)A cash payment.
• D)A credit to Accounts Receivable.

---

Definitions:

Illiterate People

Individuals who are unable to read or write.

Global World

A term referring to the interconnectedness of nations through trade, technology, politics, and culture, often emphasizing collective challenges and opportunities.

Symbols

Objects, figures, or colors used to represent ideas, concepts, or other abstractions.

Sounds of Language

The auditory elements used in speech, including phonemes, tones, and intonation, which contribute to linguistic communication.