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  3. for each transaction listed, identify the recordin

For each transaction listed, identify the recording error and indicate the journal that should have...

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Question

Accounting

For each transaction listed, identify the recording error and indicate the journal that should have been used
(i)(Click the icon to view the transactions.)
a.
b.
c.
d.
Transactions
e.
f.
g.
\table[[Transaction,Recording],[a. Henry Associates paid $490 on account for an earlier purchase,Purchases journal],[,],[b. of merchandise inventory.,Cash payments journal],[c. Collected interest revenue.,Cash receipts journal],[d. Sold merchandise inventory on account.,Cash receipts joumal],[e. Issued check no.535 for purchase of merchandise inventory.,Purchases journal],[f. Returned damaged inventory that was purchased on account.,Purchases journal],[g. Sold merchandise inventory for cash.,Sales journal]]
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