Question
A company records its transactions and events in four special journals and a general journal. The company completed the following transaction. Identify the journal in
A company records its transactions and events in four special journals and a general journal. The company completed the following transaction. Identify the journal in which each transaction should be recorded: Cash Disbursement Journal, Cash Receipts Journal, Purchase Journal, Sales Journal, or General Journal
A. Cash Disbursements Journal
B. Cash Receipts Journal
C. Purchase Journal
D. Sales Journal
E. General Journal
Cash received from customers for services provided
Paid cash to a creditor
Cash received from customers on account
Provided Services on Account
Adjusting Entries
Purchased Inventory on Account
Received proceeds for a note from a bank
Paid the monthly electric bill
Sold Equipment on Account
Sold Merchandise for Cash
A customer returned merchandise for a credit
Purchase Equipment on account
Sold equipment for cash
Received a refund for supplies returned
A customer returned merchandise for a cash refund
Returned damaged goods to supplier
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