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instruction: Encircie the letter of your choice. 1. A journal designed for entering only sales on account is called the a. cash receipts journal. b. cash payments journal. c. sales journal. d. general journal. 2. From the viewpoint of the buyer, a business form prepared by the seller that lists the items shipped, their cost, and the shipping terms is a(n) a. purchase requisition. b. purchase order. sales requisition. d. invoice. C.

instruction: Encircie the letter of your choice. 1. A journal designed for entering only sales on account is called the a. cash receipts journal. b. cash payments journal. c. sales journal. d. general journal. 2. From the viewpoint of the buyer, a business form prepared by the seller that lists the items shipped, their cost, and the shipping terms is a(n) a. purchase requisition. b. purchase order. sales requisition. d. invoice. C.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Instruction: Encircle the letter of your choice. Score Date Name Score Course and Section of the following 1 A journal designed for entering only sales on account is called the cash receipts journal. b. cash payments journal. sales journal. d. general journal. ases a. General Journal nal C. 2. From the viewpoint of the buyer, a business form prepared by the seller that lists the items shipped, their cost, and the shipping terms is a(n) a. purchase requisition. b. purchase order. sales requisition. d. invoice. C.
Transcribed Image Text:Instruction: Encircle the letter of your choice. Score Date Name Score Course and Section of the following 1 A journal designed for entering only sales on account is called the cash receipts journal. b. cash payments journal. sales journal. d. general journal. ases a. General Journal nal C. 2. From the viewpoint of the buyer, a business form prepared by the seller that lists the items shipped, their cost, and the shipping terms is a(n) a. purchase requisition. b. purchase order. sales requisition. d. invoice. C.
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