Identify the journal in which each of the following transactions is recorded. 1. Cash sales 2. Payment
Question:
1. Cash sales
2. Payment of dividends
3. Cash purchase of land
4. Credit sales
5. Purchase of merchandise on account
6. Receipt of cash for services performed
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Books of Ms JV 1 Cash sales DATE ACCOUNT NAME DEBIT CREDIT 01042010 CASH ACCOUNT 5000 TO SALES ACCOU...View the full answer
Answered By
Gautam Mandal
I believe my expertise and experience position me as a perfect tutor for this role. I have last 20 years of experience in teaching as well as corporate sector in the areas of Accounts & Finance, Taxation functions providing my qualification and background.
My last association with M/s. Woco Motherson Ltd.(FZC) –Sharjah (UAE) operation, as Factory Accountant ; managing overall accounting activities including preparation of monthly profitability, finalize all books of accounts, Audit, Budgeting, MIS, Purchase, Import, Export & HR/admin functions.
Presently I am working with M/s. Sushe Marine Services Pvt. Ltd. Kolkata, India as a Manager- Finance & Accounts, handling over all Accounting, Audit, MIS, , Budgeting, Finance, Imports, Invoicing, Revenue Generation, Commercial & General Management functions.
Last five years I am also associate with Chegg and Transtutor as a expert tutor as subject matter of Accounts/ finance, corporate accounts, audit & general management.
0 Reviews
10+ Question Solved
Related Book For 
Hospitality Financial Accounting
ISBN: 978-0470083604
2nd Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Agnes L.
Question Posted:
