Shared Flashcard Set

Details

Objective Review JournalizingTransactions in SpecialJournals
Chapters 14-17
7
Accounting
12th Grade
02/26/2013

Additional Accounting Flashcards

 


 

Cards

Term
Purchased store equipment on account.
Indicate which journal the transaction would be recorded.
Definition
D. Purchases Journal
Term
Received a check for merchandise sold on account.
Indicate which journal the transaction would be recorded.
Definition
B. Cash Receipts Journal
Term
Issued a debit memo for the return of merchandise purchased on account.
Indicate which journal the transaction would be recorded.
Definition
C. General Journal
Term
Sold merchandise on account.
Indicate which journal the transaction would be recorded.
Definition
E. Sales Journal
Term
Recorded cash sales for the week.
Indicate which journal the transaction would be recorded.
Definition
B. Cash Receipts Journal
Term
Discovered that a payment made by Port Co., a charge customer, was incorrectly credited to Porter Co.
Indicate which journal the transaction would be recorded.
Definition
C. General Journal
Term
Paid the monthly electric bill.
Definition
A. Cash Payments Journal
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