Question: Olekan Co. uses special journals and a general journal. Identify the journal in which each of the following transactions is recorded. (a) Purchased equipment on

Olekan Co. uses special journals and a general journal. Identify the journal in which each of the following transactions is recorded.

(a) Purchased equipment on account.

(b) Purchased merchandise on account.

(c) Paid utility expense in cash.

(d) Sold merchandise on account.


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