Author Question: Below are listed several books of original entry. Indicate the journal in which each transaction ... (Read 76 times)

Capo · **on:** Nov 11, 2019

Below are listed several books of original entry. Indicate the journal in which each transaction should be recorded by placing the letters representing the appropriate journal in the space provided.

CP Cash payments journal
CR Cash receipts journal
P Purchases journal
GJ General journal

0.

CP

Paid weekly salaries.

a.	________ Purchased merchandise on account.

b.

________

Gave customer credit on account for merchandise returned.

c.

________

Owner invested additional cash in the business.

d.

________

Sold merchandise on account.

e.

________

Received credit on account from a supplier for merchandise returned.

f.

________

Purchased office equipment on account.

g.

________

Sold merchandise for cash.

h.

________

Paid for goods purchased in a.

i.

________

Owner withdrew cash from the business.

j.

________

Paid for advertising expense.

Benayers · **Reply #1 on:** Nov 11, 2019

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