Question
You just posted a credit to Accounts Receivable. Which special journal did it come from? cash receipts journal sales journal purchases journal cash disbursements journal
You just posted a credit to Accounts Receivable. Which special journal did it come from?
cash receipts journal
sales journal
purchases journal
cash disbursements journal
2.
You returned damaged goods you had previously purchased from C.C. Rogers Inc. and received a credit memo for $250. Which journal would your company use to record this transaction?
Group of answer choices
general journal
sales journal
purchases journal
cash disbursements journal
3.
The sum of all the accounts in the accounts receivable subsidiary ledger should ________.
Group of answer choices
equal the accounts receivable account balance in the general ledger after posting all amounts
equal the accounts receivable account balance in the general ledger before posting any amounts
equal the accounts payable account balance in the general ledger before posting any amounts
equal the cash account balance in the general ledger after posting all amounts
4.
You just posted a debit to ABC Co. in the accounts receivable subsidiary ledger. Which special journal did it come from?
Group of answer choices
sales journal
cash receipts journal
purchases journal
cash disbursements journal
5.
A customer just charged $150 of merchandise using MasterCard. Which special journal would the company use to record this transaction?
Group of answer choices
cash receipts journal
sales journal
purchases journal
cash disbursements journal
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