Question
So far I have done these transactions not sure if they are under the correct accounts and in the right place such as Debit or
So far I have done these transactions not
sure if they are under the correct accounts and in the right place such as
Debit or Credit.
May 4- Julie Adams bought $230 worth of
lamps, which were charged to her account. Invoice # 123 was issued. I Debited Account Receivable and Credited Purchases.
(Not sure if this transaction is correct).
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Managerial Accounting
Authors: Wendy M. Tietz, Louis Beaubien, Karen W. Braun
3rd Canadian edition
134460826, 134460820, 9780134524818 , 978-0134526270
