Question: Yates Co. uses special journals and a general journal. Identify the journal in which each of the following transactions is recorded. (a) Purchased equipment on
Yates 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. (c) Paid utility expense in cash.
(b) Purchased merchandise on account. (d) Sold merchandise on account.
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