LO 7.2 A customer just charged $150 of merchandise on the company’s own charge card. Which special journal would the company use to record this transaction?Choose one answer from the options below.A. sales journalB. purchases journalC. cash receipts journalD. cash disbursements journalE. general journalBackNext

LO 7.3 Sold goods for $650, credit terms net 30 days. Which journal would the company use to record this transaction?Choose one answer from the options below.A. sales journalB. purchases journalC. cash receipts journalD. cash disbursements journalE. general journal

LO 7.3 You returned damaged goods to C.C. Rogers Inc. and received a credit memo for $250. Which journal(s) would the company use to record this transaction?Choose one answer from the options below.A. sales journal onlyB. purchases journal and the accounts payable subsidiary ledgerC. cash receipts journal and the accounts receivable subsidiary ledger D. cash disbursements journal and the accounts payable subsidiary ledgerE. general journal and the accounts payable subsidiary ledger

The journal entry to record the purchase of merchandise on account for $3,950 with freight of $245 prepaid by their supplier and added to the invoice is:

If a customer purchases $5,000 of inventory and pays with the company's own retail card, what will the journal entry include?Select answer from the options belowcredit to accounts payable of $5,000debit to accounts receivable of $5,000debit to sales of $5,000debit to cash of $5,000

LO 7.3 You just posted a credit to Accounts Receivable. Which special journal did it come from?Choose one answer from the options below.A. sales journalB. cash receipts journalC. purchases journalD. cash disbursements journalE. general journalBackNext