Multiple Choice
The purchase of equipment for cash would be recorded in the:
A) sales journal.
B) purchases journal.
C) general journal.
D) cash payments journal.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
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
Q66: Debit postings to the accounts receivable general
Q67: Design of an accounting information system begins
Q68: A well-designed accounting system must be able
Q69: A column for Cost of sales appears
Q90: The sum of the account balances in