expand icon
book Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta cover

Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Edition 22ISBN: 978-0077862275
book Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta cover

Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Edition 22ISBN: 978-0077862275
Exercise 12
Credits to customer accounts and credits to Other Accounts are individually posted from a cash receipts journal such as the one in Exhibit 7.7. Why not put both types of credits in the same column and save journal space
Reference: Exhibit 7.7
Credits to customer accounts and credits to Other Accounts are individually posted from a cash receipts journal such as the one in Exhibit 7.7. Why not put both types of credits in the same column and save journal space  Reference: Exhibit 7.7
Explanation
Verified
like image
like image

The both kinds of credits must not be pl...

close menu
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
cross icon