This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: List the four most common special journals used in accounting and describe the transactions recorded ... (Read 74 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
on: Jul 5, 2018
List the four most common special journals used in accounting and describe the transactions recorded in eachjournal.

Question 2

Which of the following accounts is increased with debits?
 
  a. assets and liabilities
  b. liabilities and equity
  c. assets and expenses
  d. liabilities and expenses


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

memslove

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jul 5, 2018
Answer to Question 1

Purchases journal - for purchases made on accountRevenue journal - for sales made on account
Cash receipts journal - for all cash receipt transactionsCash payment journal - for all cash payment transactions

Answer to Question 2

c


berenicecastro

  • Member
  • Posts: 581
Reply 2 on: Jul 5, 2018
Excellent

brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Four main models that describe the relationship between ecosystem function and biodiversity. Four main models that describe the relationship between ecosystem function and biodiversity.
Retinopathy. Illustration of a normal retina (left) and a diseased retina (right). The diseased reti Retinopathy. Illustration of a normal retina (left) and a diseased retina (right). The diseased reti
Adenosine triphosphate (ATP) is the most common molecule used by cells to captur Adenosine triphosphate (ATP) is the most common molecule used by cells to captur
An example of a selection list used to identify symptoms. An example of a selection list used to identify symptoms.
The most common drug used to facilitate date rape is alcohol, not GHB. The most common drug used to facilitate date rape is alcohol, not GHB.
Common Prefixes Cont. Common Prefixes Cont.
Video: Stomach peristalsis - Movement of Food Through the Small Intestine

For a complete list of videos, visit our video library