Question
10. Withdraws of funds by the owner would be recorded in the: a. cash receipts journal b. purchase journal c. cash payment journal d. general
10. Withdraws of funds by the owner would be recorded in the:
a. cash receipts journal
b. purchase journal
c. cash payment journal
d. general journal
e. sales journal
9. Recording a loan from the bank would be recorded in the
a. cash payments journal
b. sales journal
c. purchase journal
d. cash receipts journal
e. general journal
8. Rent collected from tenants would be recorded in the
a. sales journal
b. direct posting journal
c. general jurnal
d. cash payment journal
e. cash receipts journal
7. prepaying the purchase of a two-year fire insurance would be recorded in the
a. cash payment journal
b. sales journal
c. general journal
d. cash receipts journal
e. purchase journal
6. Giving a cash refund to a customer would be recorded in the
a. sales journal
b. purchase journal
c. cash receipts journal
d. general journal
e. cash payment hournal
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