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1.) What is a firm's payment to a supplier for merchandise inventory recorded? Select one: a.Cash Receipts Journal b.Purchases Journal c.Sales journal d.Cash Payments Journal

1.) What is a firm's payment to a supplier for merchandise inventory recorded? Select one:

a.Cash Receipts Journal

b.Purchases Journal

c.Sales journal

d.Cash Payments Journal

2.All of the following are cash and cash equivalents, EXCEPT Select one:

a.Money market replacement

b.Savings deposit

c.Currency that is legal tender

d.Cash to be paid by a debtor

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