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After auditioning for a play, Carlos hears Henrietta say, "Carlos was the worst actor at the auditions! I can't believe that he got the lead!" Carlos thinks, "I know I am a fine actor. Henrietta is just upset right now because she did not get a part in the play." Carlos is using _____ thought.
Petty Cash
A modest sum of money maintained in reserve for small, unplanned costs.
Journal Entry
A record in the accounting journal that represents a transaction and shows the debits and credits to various accounts.
Petty Cash Account
A small fund kept on hand for minor, incidental expenses.
Debit Memorandum
A document or entry recorded to reflect an adjustment or correction, usually increasing the amount a buyer owes to a seller.
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