asked 97.7k views
4 votes
A journal designed for entering only sales on account is called the

a. Cash receipts journal.
b. cash payments journal.
c. sales journal.
d. general journal

2 Answers

3 votes

Answer:C )sales journal

Explanation:sales journal records credit sales

cash receipt journal records cash sales

general journal records sales on credit of assets

5 votes
The answer to the question stated above is letter c. sales journal.

Sales journals are used for recording sales of merchandise on account, it is sometimes termed as credit sales.
Cash sales are
not recorded on Sales journal because they belong in the cash receipts journal.
answered
User Mykola Gurov
by
8.4k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.