Ask Experts Questions for FREE Help !
Ask
    brad111's Avatar
    brad111 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Feb 2, 2010, 10:05 PM
    Would sale of merchandise on account be recorded in the sales journal?
    Would sale of merchandise account be recorded in a sales journal?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    Feb 4, 2010, 10:42 PM

    Yes. That's precisely what the sales journal is for.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

How to record sale of merchandise on account, in the seller's records: [ 6 Answers ]

Increase assets and increase expenses. Increase assets and decrease liabilities. Increase assets and increase paid-in capital. Increase assets and decrease revenues.

What is the name of the account in which sales of merchandise are recorded? [ 1 Answers ]

Perpetual system of accounting

Politte Supply uses a sales journal, a purchases journal, a cash receipts journal, a [ 5 Answers ]

Politte Supply uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements Journal, and a general journal. The following transactions occur in the month of April. Apr. 3 Purchased merchandise for $2,750 on credit from Scott, Inc. terms 210, n30. 9 Issued check no....

Sales journal & sales distribution journal difference [ 2 Answers ]

What is the difference between a sales journal and a sales distribution journal

View more questions Search