Mantle Corporation has an accounting system that includes five journals: the sales, purchases, cash receipts, cash payments, and general journals.The following transactions occurred during the month of May.

Required:
Prepare (in general journal form)the journal entries necessary to record the above transactions, and indicate in which (special)journal they would have been recorded.

Question

Mantle Corporation has an accounting system that includes five journals: the sales, purchases, cash receipts, cash payments, and general journals.The following transactions occurred during the month of May.

Required:
Prepare (in general journal form)the journal entries necessary to record the above transactions, and indicate in which (special)journal they would have been recorded.

Quizplus · Accepted Answer

The Answer of Mantle Corporation has an accounting system that includes five journals: the sales, purchases, cash receipts, cash payments, and general journals.The following transactions occurred during the month of May.

Required:
Prepare (in general journal form)the journal entries necessary to record the above transactions, and indicate in which (special)journal they would have been recorded.

Mantle Corporation Has an Accounting System That Includes Five Journals