The accounting system of Healthy Focus Natural Foods includes the journals listed below. Indicate the specific journal
Question:
JOURNALS
Cash receipts journal
Sales journal
Purchases journal
Cash payments journal
General journal
DATE TRANSACTIONS
May 1 Sold merchandise on credit.
2 Accepted a return of merchandise from a credit customer.
3 Sold merchandise for cash.
4 Purchased merchandise on credit.
5 Gave a $400 allowance for damaged merchandise.
6 Collected sums on account from credit customers.
7 Received an additional cash investment from the owner.
8 Issued a check to pay a creditor on account.
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Related Book For
College Accounting Chapters 1-30
ISBN: 978-0077862398
14th edition
Authors: John Price, M. David Haddock, Michael Farina
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