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
    Assuming the Use of Special Journals,borrowing $10 000 from the Bank
Solved

Assuming the Use of Special Journals,borrowing $10 000 from the Bank

Question 30

Question 30

Multiple Choice

Assuming the use of special journals,borrowing $10 000 from the bank would be recorded in the:


A) cash receipts journal.
B) sales journal.
C) general journal.
D) cash payments journal.

Correct Answer:

verifed

Verified

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

Related Questions

Q25: A company's computer data processing system consists

Q26: Which of the following is not a

Q27: The end-of-month balance in Dryer Industries' cash

Q28: Posting the entries in the sales journal

Q29: Spreadsheets are ideally suited to preparing budgets.

Q31: The accounts receivable credit column of the

Q32: Hide and Seek has retail outlets at

Q33: The transaction that would not be recorded

Q34: Which of the following is a feature

Q35: Inputs into accounting systems are the reports

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