Sold goods for $650, credit terms net 30 days. Which journal would the company use to record
Question:
Sold goods for $650, credit terms net 30 days. Which journal would the company use to record this transaction?
A. Sales journal
B. Purchases journal
C. Cash receipts journal
D. Cash disbursements journal
E. General journal
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Concept Introduction Journals Journals are prepared to record business transactions There are two ty...View the full answer
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Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
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