Ligare Company had the following transactions during April. 1. Sold merchandise on account. 2. Purchased merchandise on

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Ligare Company had the following transactions during April.
1. Sold merchandise on account.
2. Purchased merchandise on account.
3. Collected cash from a sale to Estes Company.
4. Recorded accrued interest on a note payable.
5. Paid $2,000 for supplies.
Identify the journal in which each of the transactions above is recorded.

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Financial and managerial accounting

ISBN: 978-1118016114

1st edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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