Sales of merchandise on account should be recorded in which of the following journals?

a.Cash receipts journal

b.Cash payments journal

c.Sales journal

d.General journal

When a transaction is posted from the purchases journal to the accounts payable ledger, which of the following items is entered in the Posting Reference column in the purchases journal?

a.The letter P and the journal number

b.The ledger account number for Accounts Payable

c.A check mark

d.The ledger account number for the asset purchased