Which of the following will be recorded in the general journal when using a manual accounting information system?
A)depreciation on equipment
B)payment of accounts payable
C)purchase of merchandise inventory on account
D)receipt of cash from a debtor

Question

Quizplus · Accepted Answer

Depreciation on equipment is a non-cash transaction that requires a journal entry in the general journal to record the allocation of the cost of the asset over its useful life.

Which of the Following Will Be Recorded in the General