The general journal records the daily transactions of a business pertaining to: O a. Sales transactions related to non-current assets O b. Only sales transactions done on credit basis O c. Sales transactions both done on cash and credit bases O d. Sales transactions done on the cash basis

The general journal records the daily transactions of a business pertaining to: O a. Sales transactions related to non-current assets O b. Only sales transactions done on credit basis O c. Sales transactions both done on cash and credit bases O d. Sales transactions done on the cash basis

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Description: The general journal records the daily transactions of a business pertaining to:O a. Sales transactions related to non-current assetsO b. Only sales transactions done on credit basisO c. Sales transactions both done on cash and credit basesd. Sales t

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter4: Internal Control And Cash

Section: Chapter Questions

Problem 11MCQ

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