In a cash receipts journal,________.
A) cash sales are recorded in the Accounts Receivable CR column and the Cash DR column
B) collections on account are recorded in the Accounts Receivable DR column and the Cash DR column
C) the miscellaneous cash receipt transactions are ignored
D) the cash sales are recorded in the Sales Revenue CR column
Correct Answer:
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Q86: Every transaction recorded in the cash receipts
Q87: Unlike the sales journal,entries in the cash
Q88: The sale of merchandise inventory for cash
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Q90: Cash purchases are recorded in the purchases
Q92: The purchases journal is a special journal
Q93: In a perpetual inventory system,when cash sales
Q94: Entries from the purchases journal are posted
Q95: The Other Accounts DR columns of a
Q96: Bronze Company had the following transactions:
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