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Sesion Timeout du/courses/36916/assignments/321836?module_item_id-365246 Below are some typical transactions incurred by Rick
Sesion Timeout * edu/courses/36916/assignments/321636 module temid=365246 om Below are some typical transactions incurred by
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S.No Transactions Journals
1 Payment of creditors on account Cash payment journal
2 Return of merchandise sold on credit Sales return journal
3 Collection on account from customers Cash receipt journal
4 Sale of land for cash General journal/Journal proper
5 Sale of merchandise on account Sales journal
6 Sale of merchandise for cash Cash receipt journal
7 Received credit for the merchandise purchased on credit "No entry"
8 Sales discount taken on goods sold General journal/Journal proper
9 Payment of employee wages Cash payment journal
10 Income summary closed to owner's capital General journal/Journal proper
11 Depreciation on buiding General journal/Journal proper
12 Purchase of office supplies for cash Cash payment journal
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