Services performed for cash should be recorded in the

Name: Services performed for cash should be recorded in the
Brand: Quizplus
Rating: 4.9 (51 reviews)

Question

Quizplus · Accepted Answer

Services performed for cash represent a cash receipt, so they should be recorded in the cash receipts journal. The revenue journal is used for sales on account, the purchases journal is used for purchases on account, and the cash payments journal is used for payments made by the business.

Services Performed for Cash Should Be Recorded in the