A client pays a firm the outstanding balance on an invoice with her personal cheque. What journal would we expect the firm to use to recorthis?O General JournalO Cash Disbursements JournalCash Receipts JournalO Trust Cash Book

Any outstanding balance receivable from client or customer, such account will shown as receivable in…

Answered: A client pays a firm the outstanding…

A client pays a firm the outstanding balance on an inv this? O General Journal O Cash Disbursements Journal Cash Receipts Journal O Trust Cash Book

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter7: Accounting Information Systems

Section: Chapter Questions

Problem 24MC: You just posted a credit to Accounts Receivable. Which special journal did it come from? A. sales...

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Question

A client pays a firm the outstanding balance on an invoice with her personal cheque. What journal would we expect the firm to use to recor
this?
O General Journal
O Cash Disbursements Journal
Cash Receipts Journal
O Trust Cash Book

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