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The following T-accounts show postings of selected transactions. Indicate the journal used in recording each of these postings a through e. Cash Debit Credit (d)
The following T-accounts show postings of selected transactions. Indicate the journal used in recording each of these postings a through e. Cash Debit Credit (d) 800 (e) 360 Accounts Receivable Debit Credit (b) 1,750 (d) 800 Inventory Debit Credit (a) 1,580 (c) 1,060 Accounts Payable Debit Credit (e) 360 (a) 1,580 Sales Debit Credit (b) 1,750 Cost of Goods Sold Debit Credit (c) 1,060
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