Doughton Furniture Company purchased merchandise on credit from Furniture Supply for $8,000.Two days later Doughton returned $2,000 of the merchandise due to damage.Doughton would record the return of merchandise in the:
A) General journal.
B) Cash receipts journal.
C) Cash disbursements journal.
D) Purchases journal.
E) Accounts Payable controlling account.
Correct Answer:
Verified
Q20: Information storage databases:
A)Eliminate the need for professional
Q22: Alani's Hawaiian segment had revenues of $2,075
Q23: When posting the sales journal's activity at
Q24: Which of the following is not true
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Q27: An accounts receivable ledger is a:
A)Subsidiary ledger
Q28: An accounts payable ledger:
A)Contains an account for
Q29: The Accounts Payable controlling account:
A)Is not included
Q30: Examples of other subsidiary ledgers besides those
Q61: Subsidiary ledgers do all of the following
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