In which journal would a cash purchase of inventory be recorded?
A) Purchases journal
B) General journal
C) Cash payments journal
D) None of these answer choices are correct.
Correct Answer:
Verified
Q39: When control and subsidiary accounts are involved
Q40: Postings are generally made more frequently to
Q41: Postings are made daily to subsidiary ledgers
Q42: A company which uses special journals should
Q43: Postings are made daily to the
A) Accounts
Q45: The one characteristic that all entries recorded
Q46: A subsidiary ledger frees the general ledger
Q47: If a transaction cannot be recorded in
Q48: In which journal would a customer's partial
Q49: A sales journal is used to record
A)
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