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Outdoors Unlimited Has the Following TransactionsSales Journal(b)Purchases Journal(c)Cash Receipts Journal(d)Cash

Question 84

Essay

Outdoors Unlimited has the following transactionsSales Journal(b)Purchases Journal(c)Cash Receipts Journal(d)Cash Disbursements Journal(e)General Journal______ (1)Purchased merchandise for cash.______ (2)Sold merchandise for cash.______ (3)Purchased merchandise on credit.______ (4)Sold merchandise on credit.______ (5)Paid the utility bill.______ (6)Owner invested more cash in the business.______ (7)Recorded depreciation for the period.______ (8)Borrowed money from the bank and received cash.______ (9)Bought store supplies for cash.______ (10)Customer paid off an account receivable.

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(1) d (2) c (3) b (4...

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