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1. Assume that a company uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements journal, and a general journal. A

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1. Assume that a company uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements journal, and a general journal. A sales return for credit would be recorded in the: A. Sales journal. B. General journal. C. Cash receipts journal. D. Accounts receivable ledger. 2. A company had cash sales of $24,000 (cost of sales is $13,000). Identify the journal the transaction would be recorded in. A. Cash disbursements journal. B. Sales journal. C. Cash receipts journal. D. Purchase journal

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