Multiple Choice
A company makes a payment of $5,000 on a long-term note payable.The journal the transaction would be recorded in is the.
A) Cash disbursements journal.
B) Sales journal.
C) Cash receipts journal.
D) Purchases journal.
E) General journal.
Correct Answer:
Verified
Correct Answer:
Verified
Q14: Which of the following statements regarding accounting
Q15: Which of the following is not a
Q18: Which of the following statements regarding accounting
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Q21: When posting the sales journal's activity at
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Q51: A _ is a listing of accounts
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