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27) A company uses a set of special joumals and a general joumal. If the business purchased equipment for S1500 cash it would be recorded

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27) A company uses a set of special joumals and a general joumal. If the business purchased equipment for S1500 cash it would be recorded in the A) purchases journal B) cash payments journal C) cash receipts journal D) general journal 28) Which of the following is true of an accounts payable subsidiary ledger? A) It does not indicate the amount owed to each vendor. B) Its format is entirely different from an accounts receivable subsidiary lodger. C) It shows only a single total for the amount owed on account

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