Which of the following will be recorded in the Other Accounts CR column of the cash receipts journal?
A)cash sales
B)receipt of interest revenue
C)receipt of accounts receivable
D)sales discounts

Question

Quizplus · Accepted Answer

Receipt of interest revenue is not related to any specific customer account and would be recorded in the Other Accounts CR column of the cash receipts journal. Cash sales, receipt of accounts receivable, and sales discounts would be recorded in the Accounts Receivable DR column.

Which of the Following Will Be Recorded in the Other