When a company tracks gross profit by department, the sales journal does not have separate columns for Accounts Receivable for each department.

Question

Quizplus · Accepted Answer

The sales journal typically records the total sales on credit and may not have separate columns for Accounts Receivable for each department; departmental tracking of gross profit is usually managed through different means, such as departmental codes or separate accounting records, not through the sales journal.

When a Company Tracks Gross Profit by Department, the Sales