You returned damaged goods you had previously purchased from C.C. Rogers Inc. and received a credit memo

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You returned damaged goods you had previously purchased from C.C. Rogers Inc. and received a credit memo for $250. Which journal would your 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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