College Accounting, Chapters 1-27
23rd Edition
ISBN: 9781337794756
Author: HEINTZ, James A.
Publisher: Cengage Learning,
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Chapter 12, Problem 1SEA
RECORDING TRANSACTIONS IN THE PROPER JOURNAL Identify the journal (sales, cash receipts, purchases, cash payments, or general) in which each of the following transactions should be recorded:
- (a) Sold merchandise on account.
- (b) Purchased delivery truck on account for use in the business.
- (c) Received payment from customer on account.
- (d) Purchased merchandise on account.
- (e) Issued check in payment of electric bill.
- (f) Recorded
depreciation on factory building.
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