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Circle the correct answer to each situation. (a) A sales journal will be used for: Credit Sales No V Cash Sales Yes Sales Returns (b)

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Circle the correct answer to each situation. (a) A sales journal will be used for: Credit Sales No V Cash Sales Yes Sales Returns (b) A single-column purchases journal will be used for: Cash Purchases Purchases on Account Purchase Discounts (c) A multi-column purchases journal will be used for: Cash Purchases Supplies Purchased on Account Equipment Purchased on Account (d) A cash payments joumal will be used for: Payments to Creditors Purchases Discounts Owner Cash Investment (e) A cash receipts journal will be used for: V Owner Cash Withdrawals Purchases Discounts Cash Sales Click if you would like to Show Work for this question: Open Show Work

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