Multiple Choice
A bookkeeper using a Purchases Journal recorded new store supplies purchased onaccount. The subledger that would be impacted as a result of this transaction is the:
A) Accounts receivable subledger.
B) Merchandise inventory subledger.
C) Accounts payable subledger.
D) Cash receipts journal.
E) Sales subledger.
Correct Answer:
Verified
Correct Answer:
Verified
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