Match each of the transactions below with the most appropriate journal for recording that transaction Sold merchandise to customers on account. Sold merchandise to customers for cash. Received a check from a customer as payment on account. Recorded depreciation expense on equipment. [Choose ] ✓ [Choose] O General Journal Sales Journal Cash Receipts Journal Cash Payments Journal

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Match each of the transactions below with the most appropriate journal for recording that transaction.
Sold merchandise to customers on account.
Sold merchandise to customers for cash.
Received a check from a customer as payment on account.
Recorded depreciation expense on equipment.
The owner withdrew cash from the business for personal
expenses.
[Choose ]
✓ [Choose ]
O
General Journal
Sales Journal
Cash Receipts Journal
Cash Payments Journal
[Choose]
Transcribed Image Text:Match each of the transactions below with the most appropriate journal for recording that transaction. Sold merchandise to customers on account. Sold merchandise to customers for cash. Received a check from a customer as payment on account. Recorded depreciation expense on equipment. The owner withdrew cash from the business for personal expenses. [Choose ] ✓ [Choose ] O General Journal Sales Journal Cash Receipts Journal Cash Payments Journal [Choose]
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