This is one of the books of accounts used to record casti sales andior collection of eceivitbles of the business a Cash Receipts Journal 6 Cash Distursements Journal e. Sales Journal d Purchase Joumal e Genera Journal 2 h provides a chironological record of all non-specialized entries that would otherwise have been recorded in one of the specialty journals a Cash Receipts Journal t. Cash Dsbursements Joumal c Sales Joumal d Purchase Joumal e. Genera Jourmal 3. This is one of the books of accounts you use to record all sales including sales of merchandise on account (receivable from customer) of the business a Cash Receipts Journal b Cash Disbursements Joumal c Sales Journal d Purchase Journa e General Journal 4 This is one of the books of accounts you use to record all purchases and diabursements including purchase of merchandise on credit (payable to supplier) of the business a Cash Receipts Journal b. Cash Disbursements Jounal c. Sales Journal d. Purchase Journal e General Joumal 5 This is one of the books of accounts used to trecord cash payments of expenses andior payables of the business a Cash Receipts Journal 6 Cash Disbursernents Journal c Sales Journal d. Purchase Journal e General Journal 6 The ledger tracks the specific payable information for each invoice which iicludes the invorce number, invoice date, supplier name, and amount paid a Accounts payable ledger b Accounts recervable ledger c. Fixed assets ledger d inventory ledger e General Ledger t Purchases iedger

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

Please see the attached photo. 

1This is one of the books of accounts used to record canti sales andior collection of mceivitbles
of the business
a Canh Receipts Journal
6 Cash Disbursements Jourmal
C Sales Journal
d. Putchase Joutnal
e General Journal
2 provides a chionological record of all non-specialzed entries that would otherwise have been
recorded in one of the specialty journals
a Cash Receipts Journal
t Cash Disbutements Joumal
C Sales Joumal
d Purchase Jouma
e. General Jourmal
3. This is ane of thie books of accounts you use to record all sales itncluding sales of merchandise
on account (receivable from customer) of the business
a Cash Receipts lourrial
b Cash Disbursements Jourmat
c Sales Journal
d Purchase Journa
e General Journal
4 This is one of the books of accounts you use to record all purchases and diabursements
including purchase af merchandise on credit (payable to supplier of the business
a Cash Receipts Journal
b. Cash Disbursements Joumal
c Sales Journal
d. Purchase Journal
e General Joumal
5 This is one of the books of accounts used to tecord cash payments of expenses andior
payables of the business
a Cash Receipts Journal
6 Cash Disbursements Journal
c Sales Journal
d. Purchase Journal
e General Journal
6 The ledger tracks the specific payable information for each invoice which iricludes the invoice
number, invoice date, supplier name, and amount paid
a Accounts payabie ledger
b Accounts recervable ledger
c. Fixed assets ledger
d inventory ledger
e General Ledger
t Purchases iedger
Transcribed Image Text:1This is one of the books of accounts used to record canti sales andior collection of mceivitbles of the business a Canh Receipts Journal 6 Cash Disbursements Jourmal C Sales Journal d. Putchase Joutnal e General Journal 2 provides a chionological record of all non-specialzed entries that would otherwise have been recorded in one of the specialty journals a Cash Receipts Journal t Cash Disbutements Joumal C Sales Joumal d Purchase Jouma e. General Jourmal 3. This is ane of thie books of accounts you use to record all sales itncluding sales of merchandise on account (receivable from customer) of the business a Cash Receipts lourrial b Cash Disbursements Jourmat c Sales Journal d Purchase Journa e General Journal 4 This is one of the books of accounts you use to record all purchases and diabursements including purchase af merchandise on credit (payable to supplier of the business a Cash Receipts Journal b. Cash Disbursements Joumal c Sales Journal d. Purchase Journal e General Joumal 5 This is one of the books of accounts used to tecord cash payments of expenses andior payables of the business a Cash Receipts Journal 6 Cash Disbursements Journal c Sales Journal d. Purchase Journal e General Journal 6 The ledger tracks the specific payable information for each invoice which iricludes the invoice number, invoice date, supplier name, and amount paid a Accounts payabie ledger b Accounts recervable ledger c. Fixed assets ledger d inventory ledger e General Ledger t Purchases iedger
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education