Which two dollar-amount columns in the cash receipts journal will be used the most by a department
Question:
Which two dollar-amount columns in the cash receipts journal will be used the most by a department store that makes half its sales for cash and half on credit? (p. 247)
a. Cash Debit and Sales Discounts Debit
b. Cash Debit and Accounts Receivable Credit
c. Cash Debit and Other Accounts Credit
d. Accounts Receivable Debit and Sales Revenue Credit
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Related Book For 
Financial Accounting
ISBN: 9780133118209
2nd Edition
Authors: Charles T. Horngren, Jr. Harrison, Walter T.
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