If a two-column (all-purpose) general journal, a revenue journal, and a cash receipts journal are used, indicate the journal in which each of the following transactions should be recorded.
If a two-column (all-purpose) general journal, a revenue journal, and a cash receipts journal are used, indicate the journal in which each of the following transactions should be recorded.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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O d. Large companies often integrate their accounting system with their automated business systems.
Clear my choice
If a two-column (all-purpose) general journal, a revenue journal, and a cash receipts journal are used,
indicate the journal in which each of the following transactions should be recorded.
Investment of additional cash in the business by the owner.
Cash Receipts Journal +
Rendering of services for cash.
Cash Receipts Journal +
Rendering of services on account.
Revenue Journal
Receipt of cash on account from a customer.
Cash Receipts Journal +
Sale of office supplies for cash, at cost, to a neighboring business. General Journal
Adjustment to record supplies used at the end of the year.
General Journal
Closing of drawing account at the end of the year.
General Journal
If a two-cotumn (all-purpose) general journal, a purchases journal, and a cash payments journal are
used, indicate the journal in which each of the following transactions should be recorded.
Payment of rent.
Cash Payments Journal"
Transcribed Image Text:php?attempt=D469064&cmid%3663564
tudent Toolbox JSCC Bookstore English (United States) (en_us) -
O d. Large companies often integrate their accounting system with their automated business systems.
Clear my choice
If a two-column (all-purpose) general journal, a revenue journal, and a cash receipts journal are used,
indicate the journal in which each of the following transactions should be recorded.
Investment of additional cash in the business by the owner.
Cash Receipts Journal +
Rendering of services for cash.
Cash Receipts Journal +
Rendering of services on account.
Revenue Journal
Receipt of cash on account from a customer.
Cash Receipts Journal +
Sale of office supplies for cash, at cost, to a neighboring business. General Journal
Adjustment to record supplies used at the end of the year.
General Journal
Closing of drawing account at the end of the year.
General Journal
If a two-cotumn (all-purpose) general journal, a purchases journal, and a cash payments journal are
used, indicate the journal in which each of the following transactions should be recorded.
Payment of rent.
Cash Payments Journal
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