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Indicate in which of the five journals the transaction must be recorded A. Sales Journal B. Cash Receipts Journal C. Purchases Journal D. Cash Payments
Indicate in which of the five journals the transaction must be recorded
A. Sales Journal
B. Cash Receipts Journal
C. Purchases Journal
D. Cash Payments Journal
E. General Journal
1.Note payable sent to a creditor in settlement of an account.
2.Payment of interest on a mortgage.
3.Receipt of a note in settlement of a customer's account.
4.Receipt of cash from a customer in settlement of an account.
5.Purchased merchandise, COD.
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