Litten Enterprises received payment in full from a customer who had purchased goods on credit.Assuming the use of special journals,this entry would be recorded in the:
A)sales journal.
B)general journal.
C)purchases journal.
D)cash receipts journal.

Question

Quizplus · Accepted Answer

The transaction of receiving full payment from a customer is a cash receipt and would be recorded in the cash receipts journal.

Litten Enterprises Received Payment in Full from a Customer Who