Question
Argon Sales uses special journals to record business transactions. Argon sells construction equipment. Argon completed the following transactions a through j. Identify the journal in
Argon Sales uses special journals to record business transactions. Argon sells construction equipment. Argon completed the following transactions a through j. Identify the journal in which each transaction should be recorded. .(General; Sales; Cash Receipts; Purchase; Cash Payments)
A. Borrowed cash from the bank B. Purchased equipment inventory on credit C. Paid cash to a creditor D. Sold equipment to a customer on credit E. Sold equipment to a customer for cash F. Paid employees salaries in cash G. Received payment from a customer on account H. Purchased office supplies on account I. Returned inventory to creditor before payment J. Sold equipment on account I have...
A. General B. Purchase C. Purchase D. Sales E. Sales F. General G. Cash receipt H. Purchase I. General J. Sales Is this correct?
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