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Sales journal Hutton
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Hutton Company uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursement journal, and a general journal. The following transactions occur in the month of March: Mar. 2 Sold merchandise costing $300 to B. Fager for $450 cash, invoice no. 5703. 5 Purchased $2,300 of...
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I just need to know if I did this correctly. The directions state that Middleton Co. uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursement journal, and a general journal. Here are the following transactions. 3-2 Sold mdse costing 300 to B fager for 450 cas, invc...
General Journal versus Cash Payment Journal
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I have an ethical issue case I'm working on, but am stuck. I would like to know how would I determine which journal to use say for example, you go on a business trip to Australia and take your spouse along at company expense. Well that is unethical for sure, but you are best friends with the vice...
Cash receipts journal
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OK.. i.m using a cash reciepts journal.. and the transaction is... "recieved cash on account from wayne miller for chairs purchased may 25on s147 for $157.50, less discount (2%)." OK.. i.m so confused.. where does everything go?? Please help..
Cash Payment Journal
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On December 17 On your Mark paid $1,500 to Keystone Insurance company for the premium of on a six month insurance policy, Check 1001. I got the Account name which is Keystone Insurance Company but then I don't know what the $1500 goes in there is General Debit / Credit, Accounts Payable Debit,... View more questions Search
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