Multiple Choice
Flavor Ice Cream received a payment of $7,800 from a credit customer within the discount period.Identify the journal the transaction would be recorded in.
A) Cash disbursements journal.
B) Sales journal.
C) Cash receipts journal.
D) Purchases journal.
E) General journal.
Correct Answer:

Verified
Correct Answer:
Verified
Q19: The _ principle requires that an accounting
Q27: _are the part of the accounting information
Q72: Using _ ledgers, that store transaction data
Q96: After posting is completed,there may be an
Q99: The Stapleton Company uses special journals for
Q102: The Accounts Payable account in the general
Q102: Information processors are systems that:<br>A)Keep data in
Q103: A company sells merchandise on credit for
Q104: The five fundamental principles of accounting information
Q105: The process of adding the Debit column