Asked by Melaney Heinrichs on May 06, 2024
Verified
If a company maintains special journals sales of merchandise on credit should be recorded in a _______________ whereas sales of merchandise for cash should be recorded in the _______________.
Special Journal
A ledger used in accounting to record and categorize similar types of transactions for efficiency.
- Master the approach of registering transactions in fitting journals based on the specific nature of each transaction.
Verified Answer
KS
Learning Objectives
- Master the approach of registering transactions in fitting journals based on the specific nature of each transaction.
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