Multiple Choice
If a firm does not have a sales returns and allowances journal,the entries for these transactions are made in
A) the sales journal.
B) the general journal.
C) the cash receipts journal.
D) the cash payments journal.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q12: The accounts receivable ledger for Acme Auto
Q13: One of the customer accounts from the
Q15: JCPenney issues its own credit cards to
Q17: In a firm that uses special journals,the
Q19: In a firm that uses special journals,an
Q20: Which of the following statements is not
Q38: The Sales Returns and Allowances account has
Q43: To indicate that the column totals of
Q55: The entry to record a sale of
Q79: When a business makes a sale on