An automobile parts retailer purchases merchandise inventory for cash. When using a manual accounting information system, this transaction is recorded in the purchases journal general journal cash payments journal O sales journal
An automobile parts retailer purchases merchandise inventory for cash. When using a manual accounting information system, this transaction is recorded in the purchases journal general journal cash payments journal O sales journal
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter9: Sales And Purchases
Section: Chapter Questions
Problem 10QY: Purchases on account of merchandise for resale would be recorded in the _______________. a. Sales...
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![An automobile parts retailer purchases merchandise inventory for cash. When using a manual
accounting information system, this transaction is recorded in the
purchases jourmal
general journal
cash payments journal
sales journal](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa9075f2a-c114-4f3c-8d70-18b3be1e6d62%2F795f3c14-77b9-465e-9c02-4cae7e799706%2F3kvsx6a_processed.jpeg&w=3840&q=75)
Transcribed Image Text:An automobile parts retailer purchases merchandise inventory for cash. When using a manual
accounting information system, this transaction is recorded in the
purchases jourmal
general journal
cash payments journal
sales journal
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