If merchandise from a cash sale is returned by a customer for a refund the sales return is recorded in the
A) general journal.
B) cash receipts journal.
C) cash payments journal.
D) sales journal.
Correct Answer:
Verified
Q47: If a transaction cannot be recorded in
Q48: In which journal would a customer's partial
Q49: A sales journal is used to record
A)
Q50: The one characteristic that all entries recorded
Q51: Postings to the control accounts in the
Q53: The balance of a control account in
Q54: A one column purchases journal indicates that
A)
Q55: A company would not likely use subsidiary
Q56: A subsidiary ledger is
A) used in place
Q57: The one characteristic that all entries recorded
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents