QUESTION 13 The Sears company had the following business transactions during December: Required: Match the appropriate special journais with the business transactions. Write the correct letter from the special journal in the table be 8. v Sold merchandise on credit for $12,000 to Jufair Company. The cost A. Sales journal of the goods sold is $4,000. Credit terms 2/10, n/30. Invoice No. B. Purchases journal C. Cash Payment journal 167. Cv Purchased merchandise on credit for $3,500 from Juffair Company, D.Cash Receipt journal terms 3/15, n/60. D. Sold merchandise for $1,000 cash to CAR corp., Invoice No. 145. The cost of the goods sold is $400. Av Paid the amount owed to ABC Company. Check No. 187. QUESTION 14 Hawk Company establishes a $350 petty cash fund on Septomber 9. The journal entry to establish the fund is: • Dr potty cash account and Cr cash account, 350 O Dr petty cash account and Cr petty cash expense account 350 O Dr cash account and Cr petty cash account, 350 O Dr petty cash expense account and Cr petty cash account 350
QUESTION 13 The Sears company had the following business transactions during December: Required: Match the appropriate special journais with the business transactions. Write the correct letter from the special journal in the table be 8. v Sold merchandise on credit for $12,000 to Jufair Company. The cost A. Sales journal of the goods sold is $4,000. Credit terms 2/10, n/30. Invoice No. B. Purchases journal C. Cash Payment journal 167. Cv Purchased merchandise on credit for $3,500 from Juffair Company, D.Cash Receipt journal terms 3/15, n/60. D. Sold merchandise for $1,000 cash to CAR corp., Invoice No. 145. The cost of the goods sold is $400. Av Paid the amount owed to ABC Company. Check No. 187. QUESTION 14 Hawk Company establishes a $350 petty cash fund on Septomber 9. The journal entry to establish the fund is: • Dr potty cash account and Cr cash account, 350 O Dr petty cash account and Cr petty cash expense account 350 O Dr cash account and Cr petty cash account, 350 O Dr petty cash expense account and Cr petty cash account 350
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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please answer 4 ,13 and 14 (all multiple choice) i have 15 miutes to answer fastttt
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