On January 1, Incredible Infants sold goods to Babies Inc. for $1,540, terms 30 days,...

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Accounting

On January 1, Incredible Infants sold goods to Babies Inc. for $1,540, terms 30 days, and received payment on January 18. Which journal would the company use to record this transaction on the 18th?
Which of the following is correct?
a) sales journal
b) purchases journal
c) cash receipts journal
d) cash disbursements journal
e) general journal

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