Answered: When company uses special journal , the…

When company uses special journal , the transaction of settling company liabilities record in.. a. Purchase journal b. Cash receipt journal c. Cash disbursement journal d. General jornal

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter11: Accounting For Purchases And Cash Payments

Section: Chapter Questions

Problem 3CE

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Question

When company uses special journal , the transaction of settling company liabilities record in..

a. Purchase journal

b. Cash receipt journal

c. Cash disbursement journal

d. General jornal

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We record purchases of inventory for cash in which journal(s)?