Identify the appropriate journal to be used in each item below Directions: Identify the appropriate journal to be used in each item below. Choosefrom the book of accounts listed in the box. Write your answers on aseparate sheet of paper.General JournalSales JournalPurchase JournalCash Receipt JournalCash Disbursement Journal1. Mr. Ông invested an equipment on his own business worth of Php200,000.00.2. Aling Lita sold merchandise on account worth of Php 3,000.00.3. Mr. Valdez purchased a vehicle worth of Php 150,000.00 on account.4. Rhea received Php 20,000.00 for the services that she rendered.5. Janice paid the salaries of her employees on her accounting firm with theamount of Php 30,000.00.6. Khariz bought office supplies on cash basis amounting to Php 2,000.00.7. Trishi received cash of Php 5,000.00 on the sales she made.8. Mr. Melbourne purchased supplies amounting to Php 1,500.00 with theterms of 2/2, n/30.9. Julie sold merchandise amounting to Php 20,000.00 with the terms of 2/5,n/30.10. Mr. Ong withdrew cash worth of Php 3,000.00 for his personal use.

Special journals are used to record items of specific transactions belonging to same category.

Answered: appropriate journal to be used

Business

Accounting

appropriate journal to be used

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter7: Accounting Information Systems

Section: Chapter Questions

Problem 4EA: For each of the transactions, state which special journal (sales journal, cash receipts journal,...

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