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Match the following transactions to the special journal you would use to record them: * journal. 1. Sold inventory for cash is recorded in the [Select ] * journal. 2. Paid cash to purchase inventory is recorded in the [Select ] Select ] * journal. 3. Recorded an adjusting entry for supplies is recorded in the journal. 4. Received cash a week after selling items on credit is recorded in the [Select ] * journal. 5. Sold shares of stock for cash is recorded in the [ Select ] 6. Paid for a purchase of inventory on account within the discount period is recorded in the [ Select ] * journal. * journal. 7. Bought equipment for cash is recorded in the [Select ] 8. Paid for a purchase of inventory on account after the discount period has passed is recorded in the [ Select ] * journal. * journal. 9. Paid a cash dividend to shareholders is recorded in the [Select] * journal. .0. Sold inventory on account is recorded in the [Select ]

Match the following transactions to the special journal you would use to record them: * journal. 1. Sold inventory for cash is recorded in the [Select ] * journal. 2. Paid cash to purchase inventory is recorded in the [Select ] Select ] * journal. 3. Recorded an adjusting entry for supplies is recorded in the journal. 4. Received cash a week after selling items on credit is recorded in the [Select ] * journal. 5. Sold shares of stock for cash is recorded in the [ Select ] 6. Paid for a purchase of inventory on account within the discount period is recorded in the [ Select ] * journal. * journal. 7. Bought equipment for cash is recorded in the [Select ] 8. Paid for a purchase of inventory on account after the discount period has passed is recorded in the [ Select ] * journal. * journal. 9. Paid a cash dividend to shareholders is recorded in the [Select] * journal. .0. Sold inventory on account is recorded in the [Select ]

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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Match the following transactions to the special journal you would use to record them:

Match the following transactions to the special journal you would use to record them: 1. Sold inventory for cash is recorded in the [Select ] journal. 2. Paid cash to purchase inventory is recorded in the [Select] journal. 3. Recorded an adjusting entry for supplies is recorded in the [Select ] journal. 4. Received cash a week after selling items on credit is recorded in the [Select ] journal. 5. Sold shares of stock for cash is recorded in the [Select ] journal. 6. Paid for a purchase of inventory on account within the discount period is recorded in the [ Select ] journal. 7. Bought equipment for cash is recorded in the [Select] journal. 8. Paid for a purchase of inventory on account after the discount period has passed is recorded in the [ Select ] journal. 9. Paid a cash dividend to shareholders is recorded in the Select ] journal. .0. Sold inventory on account is recorded in the [Select] journal.
Transcribed Image Text:Match the following transactions to the special journal you would use to record them: 1. Sold inventory for cash is recorded in the [Select ] journal. 2. Paid cash to purchase inventory is recorded in the [Select] journal. 3. Recorded an adjusting entry for supplies is recorded in the [Select ] journal. 4. Received cash a week after selling items on credit is recorded in the [Select ] journal. 5. Sold shares of stock for cash is recorded in the [Select ] journal. 6. Paid for a purchase of inventory on account within the discount period is recorded in the [ Select ] journal. 7. Bought equipment for cash is recorded in the [Select] journal. 8. Paid for a purchase of inventory on account after the discount period has passed is recorded in the [ Select ] journal. 9. Paid a cash dividend to shareholders is recorded in the Select ] journal. .0. Sold inventory on account is recorded in the [Select] journal.
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