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Hi, Just need to check my answers please as I am really unsure. Thanks In a cash receipt journal, the sales credit column is posted
Hi,
Just need to check my answers please as I am really unsure. Thanks
In a cash receipt journal, the sales credit column is posted to: the sale account. the accounts receivable account. the cash in bank account. the sales tax payable account. The ending balance of Accounts Receivable controlling is equal to the total of the: schedule of accounts receivable. schedule of accounts payable. general ledger account. cash in bank account. Match the terms in Column I with the definitions in Column II. cash sales on account sale of asset sales tax accounts receivable assets debit cash account, credit sales account liability debit accounts receivable (subsidiary), credit sales debit cash account, credit asset account
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