Question: Moving to another question will save this response Question 12 sp A company entered into the following transactions Match each transaction with the appropriate journal
Moving to another question will save this response Question 12 sp A company entered into the following transactions Match each transaction with the appropriate journal in which it should be recorded Purchased merchandise from Able Co. for $2,000 terms 2/10, n/30. Invoice dated August 1. A. General Journal Paid cash to incite Telephone Co. for monthly telephone bill $250. Check No. 758 B. Cash receipts journal C Cash payments journal Sold merchandise on credit to Delta Corp. for $3,000, terms, 2/10, n/30, Invoice No. 246, Cost of Goods Sold is $1,740. D. Purchases journal Received cash payment in full from Delta Corp for August 5 sale E Sales Journal Recorded cash sales for the month, $9.000. Returned defective inventory purchased on account from Able Co. for $550
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