Business received dividend income of OMR 12,500 from Oman Cement Company. Which of the following specialized journals will record this transaction? a. Cash payment journal b. Cash receipt journal c. Sales journal d. Purchase journal
Business received dividend income of OMR 12,500 from Oman Cement Company. Which of the following specialized journals will record this transaction? a. Cash payment journal b. Cash receipt journal c. Sales journal d. Purchase journal
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter3: Basic Accounting Systems: Accrual Basis
Section: Chapter Questions
Problem 2SEQ: On January 24, 20Y8, Niche Consulting collected $5,700 it had hilled its clients for services...
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Business received dividend income of OMR 12,500 from Oman Cement Company. Which of the following specialized journals will record this transaction?
a.
Cash payment journal
b.
Cash receipt journal
c.
Sales journal
d.
Purchase journal
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