menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 7: Accounting Information Systems
  5. Question
    The Account That Is Credited for Every Transaction Entered in the Sales
Solved

The Account That Is Credited for Every Transaction Entered in the Sales

Question 59

Question 59

Multiple Choice

The account that is credited for every transaction entered in the sales journal is:


A) cash.
B) accounts payable.
C) accounts receivable.
D) sales.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q54: On 1 April,Pro Supplies received a cheque

Q55: Spreadsheets are organised:<br>A)alphabetically.<br>B)by departments.<br>C)as a rectangular grid.<br>D)by

Q56: Litten Enterprises received payment in full from

Q57: Sales discount is recorded in the general

Q58: Pierce Arrows sold a piece of land

Q60: Posting the entries in the sales journal

Q61: A cash receipts journal could contain all

Q62: Downing Distributors returned defective supplies and received

Q63: Rockhill Industries received payment after the expiration

Q64: Which journals would have a column for

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines