Cash received from debtor is recorded in which of the following specialized journals? Options: A . &nbspPurchase Journal B . &nbspSales Journal C . &nbspCash receipts journal D . &nbspCash payments journal

Cash received from debtor is recorded in which of the following specialized jour

Question

Cash received from debtor is recorded in which of the following specialized journals?

Options:

A . Purchase Journal

B . Sales Journal

C . Cash receipts journal

D . Cash payments journal

Answer: Option C

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Question 1. Which of the following is a type of cash receipt journal + cash payment journal?....

Question 2. Cash purchases is recorded in which of the following specialized journals?....

Question 3. A brief explanation recorded below every entry in General Journal is commonly known as....

Question 4. Debit note is the basis for recording a transaction in which of the following journals?....

Question 5. Credit note is the basis for recording a transaction in which of the following journals?....

Question 6. Specialized journals are more adequate for which type of businesses?....

Question 7. Transferring entries from journal to ledger account is commonly known as....

Question 8. _____ will be credited if goods are given as charity....

Question 9. An 'account' records the ______ in the balance of an item....

Question 10. Which of the following is known as the base for preparing trial balance?....

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