Abercrombie Company uses a periodic inventory system and four special journals: Purchases,Sales,Cash Receipts,and Cash Disbursements.The following transactions were incurred during August: Record the above transactions in the appropriate journals below.Ignore transactions that should not be posted to the journals provided.

Question

Abercrombie Company uses a periodic inventory system and four special journals: Purchases,Sales,Cash Receipts,and Cash Disbursements.The following transactions were incurred during August:  Record the above transactions in the appropriate journals below.Ignore transactions that should not be posted to the journals provided.

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The Answer of Abercrombie Company uses a periodic inventory system and four special journals: Purchases,Sales,Cash Receipts,and Cash Disbursements.The following transactions were incurred during August:  Record the above transactions in the appropriate journals below.Ignore transactions that should not be posted to the journals provided.

Abercrombie Company Uses a Periodic Inventory System and Four Special