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Which Special Journal would the following transaction be journalized in? Purchased merchandise on...

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Question

Accounting

Which Special Journal would the following transaction be journalized in?

Purchased merchandise on account from Vendor Company terms n/30 with a cost of $4,000.00.

Choose the best answer below:

Multiple Choice

  • Sales Journal

  • Cash Receipts Journal

  • Cash Payments/Cash Disbursement Journal

  • Purchases Journal

  • Genera Journal

Answer & Explanation Solved by verified expert
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