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Ali Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Identify the journal in which each of the
Ali Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Identify the journal in which each of the transactions should be recorded.
tableDateTransaction,November Purchased $ of merchandise on credit from Sanders Corporation terms nNovember tableThe company sold merchandise costing $ to J Than for $ on credit, subject to a $ sales discountif paid by the end of the month.November Borrowed $ cash by signing a note payable to Chase Bank,November Issued check number to Davis Corporation to buy office supplies for $November J Ali, the owner, contributed $ cash to the company.,November Paid Kirkpatrik $ cash for the merchandise purchased on November November Purchased $ of merchandise on credit from Auto Corporation terms nNovember Paid salary of $ to D Gooden by issuing check number
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