Question: Assuming the use of a two -column (all-purpose) general journal, a purchases Journal, and a cash payments journal, indicate the journal In which each of
Assuming the use of a two -column (all-purpose) general journal, a purchases Journal, and a cash payments journal, indicate the journal In which each of the following transactions should be recorded:
Pick the correct journal form the list.
a. Purchase of office supplies for cash.
b. Advance payment of a one-year fire insurance policy on the office.
c. Purchase of office equipment for cash.
d. Adjustment to prepaid rent at the end of the month.
e. Adjustment to prepaid rent at the end of the month.
f. Adjustment to record accrued salaries at the end of the period.
g. Purchase of services on account.
h. Purchase of office supplies on account.
i. Adjustment to record depreciation at the end of the month.
j. Payment of six months' rent in advance.
k. Purchase of an office computer on account.
Step by Step Solution
3.45 Rating (164 Votes )
There are 3 Steps involved in it
General journal General journal General journal Purchases journal Purchases journal Genera... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
1019-B-C-F-D-F(1525).docx
120 KBs Word File
