dentify the journal in which each of the following transactions is recorded. Transactions Journals a. Cash sales. Sales JournalCash Receipts JournalCash Payments JournalGeneral JournalPurchases Journal b. Owner withdrawal of cash. Sales JournalPurchases JournalCash Receipts JournalCash Payments JournalGeneral Journal c. Cash purchase of land. General JournalCash Payments JournalPurchases JournalSales JournalCash Receipts Journal d. Credit sales. Sales JournalPurchases JournalGeneral JournalCash Payments JournalCash Receipts Journal e. Purchase of merchandise on account. Sales JournalCash Receipts JournalCash Payments JournalGeneral JournalPurchases Journal f. Receipt of cash for services performed. General JournalCash Receipts JournalPurchases JournalCash Payments JournalSales Journal
dentify the journal in which each of the following transactions is recorded. Transactions Journals a. Cash sales. Sales JournalCash Receipts JournalCash Payments JournalGeneral JournalPurchases Journal b. Owner withdrawal of cash. Sales JournalPurchases JournalCash Receipts JournalCash Payments JournalGeneral Journal c. Cash purchase of land. General JournalCash Payments JournalPurchases JournalSales JournalCash Receipts Journal d. Credit sales. Sales JournalPurchases JournalGeneral JournalCash Payments JournalCash Receipts Journal e. Purchase of merchandise on account. Sales JournalCash Receipts JournalCash Payments JournalGeneral JournalPurchases Journal f. Receipt of cash for services performed. General JournalCash Receipts JournalPurchases JournalCash Payments JournalSales Journal
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Identify the journal in which each of the following transactions is recorded.
Transactions
|
Journals
|
|||
a. | Cash sales. | Sales JournalCash Receipts JournalCash Payments JournalGeneral JournalPurchases Journal | ||
b. | Owner withdrawal of cash. | Sales JournalPurchases JournalCash Receipts JournalCash Payments JournalGeneral Journal | ||
c. | Cash purchase of land. | General JournalCash Payments JournalPurchases JournalSales JournalCash Receipts Journal | ||
d. | Credit sales. | Sales JournalPurchases JournalGeneral JournalCash Payments JournalCash Receipts Journal | ||
e. | Purchase of merchandise on account. | Sales JournalCash Receipts JournalCash Payments JournalGeneral JournalPurchases Journal | ||
f. | Receipt of cash for services performed. | General JournalCash Receipts JournalPurchases JournalCash Payments JournalSales Journal |
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