Choose the appropriate journal in which to record the transa
Choose the appropriate journal in which to record the transaction below.
Mr. Dexter invested cash in the business.
General journal
Choose the appropriate journal in which to record the transaction below.
Purchased store supplies on account.
General journal
Choose the appropriate journal in which to record the transaction below.
Sold merchandise to customer on account.
General journal
Choose the appropriate journal in which to record the transaction below.
Purchased a 2-year fire insurance policy for cash.
General journal
Choose the appropriate journal in which to record the transaction below.
Received a check from a customer as payment on account.
General journal
Choose the appropriate journal in which to record the transaction below.
Paid for store supplies purchased previously.
General journal
Choose the appropriate journal in which to record the transaction below.
Purchased merchandise on account.
| Sales journal |
Solution
1. Cash receiepts journal (as, it is invested in cash)
2. General journal
3. Sales journal
4. Cash payments journal
5.Cash reciepts journal
6. Cash payments journal
7. Single-column purchases journal
