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11 Moving to another question will save this response. Question 9 Zara uses a sales journal, purchases journal, cash receipt joumal, cash receipts journal and
11 Moving to another question will save this response. Question 9 Zara uses a sales journal, purchases journal, cash receipt joumal, cash receipts journal and gmeral journal. The following transactions occurred during the month of July July 2 Purchased $173,000 merchandise from its suppliers Milano Inc. terms 30. 3 Sold $56,000 of Jackets to ABC Fashion on credit, terms 1/30 Paid Milano Inc. cash for merchandise purchased on 2nd of July Purchased $20,000 of hangers from the Alpha steels for cash. 25 Sold 55,700 of Shoes to a local shop for cash Purchased 56,400 of paper bags from PaperSource for cash Which one of the following is correct? a. July 17 and July 25 transactions will be recorded under the Cash Payments Journal. Dystraatin e 30 c. July 2, July 17 and July 29 transactions will be recorded under the Purchases Journal 1. July 5 and July 25 transactions will be recorded under the Sales Journal 17
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