A. Classify the transactions in the box to the appropriate journal wnere it Cash sales Paryments for merchandise purchased on account Collection from receivable Deliveries made to customers on account Payment of utilities Purchases made on account lraterest income received lmiterest expense paid Carh dirawings of oWNners Payment for requisition of equipment
A. Classify the transactions in the box to the appropriate journal wnere it Cash sales Paryments for merchandise purchased on account Collection from receivable Deliveries made to customers on account Payment of utilities Purchases made on account lraterest income received lmiterest expense paid Carh dirawings of oWNners Payment for requisition of equipment
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter12: Special Journals
Section: Chapter Questions
Problem 1SEA: RECORDING TRANSACTIONS IN THE PROPER JOURNAL Identify the journal (sales, cash receipts, purchases,...
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A. Classify the transactions in the box to the appropriate journal where it will be recorded.
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