Purchases of store equipment on account are recorded in the general journal.
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Q2: The basic procedure of posting from a
Q13: The principal ledger that contains all the
Q14: The methods or procedures used to record
Q15: Most accounting systems evolve as the business
Q17: When specialized journals are used, the general
Q19: Transactions must first be recorded into the
Q20: When a sale for $1,350 takes place,
Q21: The total of the accounts receivable subsidiary
Q21: A cash refund paid to a customer
Q22: The revenue journal is to make it
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