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    jmbell1982's Avatar
    jmbell1982 Posts: 1, Reputation: 1
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    #1

    Dec 2, 2009, 10:16 PM
    Which of the following transactions is recorded in the revenue journal
    Which of the following transactions is recorded in the revenue journal?

    a. sale of excess office equipment for cash
    b. rendering services for cash
    c. rendering services on account
    d. sale of excess office equipment on account
    rehmanvohra's Avatar
    rehmanvohra Posts: 739, Reputation: 27
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    #2

    Dec 3, 2009, 05:41 AM

    What do you mean by a revenue journal? I think it is a sales journal which is used to record sale of goods and services on account. In that case it is easy for you to determine the correct option.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #3

    Dec 14, 2009, 03:06 PM

    A revenue journal is simply for non-sales types of revenues on account, i.e. service companies. So it does quite literally mean a revenue journal, not a sales journal.
    dotro's Avatar
    dotro Posts: 1, Reputation: 1
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    #4

    Mar 17, 2011, 09:55 PM
    What was the answer? I'm thinking "B".
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