One of the advantages of a sales journal is that it eliminates individual posting of entries to the Accounts Receivable account in the general ledger.
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Q69: Debiting the Sales Returns and Allowances account
Q70: The total of goods sold on account
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Q72: Transactions in the sales journal are posted
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Q75: The Purchases account is used to record
Q76: The invoice that is first prepared by
Q77: The seller would record the return of
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Q79: The Sales Returns and Allowances account normally
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