Question
If a two-column (all-purpose) general journal, a revenue journal, and a cash receipts journal are used, indicate the journal in which each of the following
If a two-column (all-purpose) general journal, a revenue journal, and a cash receipts journal are used, indicate the journal in which each of the following transactions should be recorded:
(a) Investment of additional cash in the business by the owner -
(b) Rendering of services for cash -
(c) Rendering of services on account -
(d) Receipt of cash on account from a customer -
(e) Sale of office supplies for cash, at cost, to a neighboring business -
(f) Adjustment to record supplies used at the end of the year -
(g) Closing of drawing account at the end of the year -
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