I. TOPIC: ACCOUNTING BOOKS-Journal and Ledgers III. Direction: A. Classify the transactions in the box to the appropriate journal where it will be recorded. Cash sales Collection from receivable Interest income received limiterest expense paid Cash dirawings of owners Cash contributions from owners Payments for merchandise purchased on account Deliveries made to customers on account Payment of utilities Purdhases made on account Payment for requisition of equipment Depreciation expense Amortization expense Principal payments for bank loans Accrual of unpaid utility bills Accrual of unpaid salaries SALES JOURNAL PURCHASES JOURNAL
I. TOPIC: ACCOUNTING BOOKS-Journal and Ledgers III. Direction: A. Classify the transactions in the box to the appropriate journal where it will be recorded. Cash sales Collection from receivable Interest income received limiterest expense paid Cash dirawings of owners Cash contributions from owners Payments for merchandise purchased on account Deliveries made to customers on account Payment of utilities Purdhases made on account Payment for requisition of equipment Depreciation expense Amortization expense Principal payments for bank loans Accrual of unpaid utility bills Accrual of unpaid salaries SALES JOURNAL PURCHASES JOURNAL
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
A. Classify the transactions in the box to the appropriate journal where it will be recorded. (Please refer to the picture.)

Transcribed Image Text:I.
TOPIC: ACCOUNTING BOOKS-Journal and Ledgers
III. Direction:
A. Classify the transactions in the box to the appropriate journal where it will be recorded.
Cash sales
Payments for merchandise purchased on account
Collection from receivable
Deliveries made to customers on account
Payment of utilities
Puirdhases made on account
lerntterest inoome received
limiterest expense paid
Cash dirawings of owners
Cash contributions from owners
Payment for requisition of equipment
Depreciation expense
Amortization expense
Accrual of unpaid salaries
Principal payments for bank loans
Accrual of unpaid utility bills
SALES JOURNAL
PURCHASES JOURNAL
CASH RECEIPT JOURNAL
CASH DISBURSEMENT JOURNA
SALES JOURNAL
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