When Special-Purpose Journals Are Used,which of the Following Is an Entry

question 14

Multiple Choice

When special-purpose journals are used,which of the following is an entry that would be recorded in the general journal rather than in a special journal?

• A)Sale of merchandise on account.
• B)Cash purchase of merchandise for resale.
• C)A return of merchandise bought on account.
• D)Cash receipt from a customer for payment on their account.

---

Definitions:

George Homans

An American sociologist known for his work in developing social exchange theory, which posits that the exchange of goods, services, and social values plays a key role in the formation of social relationships.

Success-Stimulus

The principle that success in a certain activity or field encourages continued action and effort in that or similar activities.

Preferences

Individual choices or inclinations towards certain options, actions, or outcomes, often studied in psychology and economics.

Availability of Resources

The extent to which necessary or desired materials, information, support, or capital is accessible for use or consumption.