Cash sales of inventory are entered in the:
A) cash payments journal.
B) sales journal.
C) purchases journal.
D) cash receipts journal.
Correct Answer:
Verified
Q53: The sum of the account balances in
Q54: A two-column journal that is used to
Q55: A sales journal is used for the
Q56: Which of the following is not an
Q57: A cash payments journal is used to
Q59: Credit sales of assets other than inventory
Q60: Using a perpetual inventory system, inventory that
Q61: The total of the sales on account
Q62: The total of the cost of sales
Q63: A cash receipts journal will always include
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