BEJ-4 Indicate whether each of the following debits and credits is included in the cash receipts journal. (Use "Yes" or "No" to answer this question.) (a) Debit to Sales Revenue. (c) Credit to Accounts Receivable. (d) Debit to Accounts Payable. (b) Credit to Inventory.

Principles of Accounting Volume 1
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ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 39MC: Which of these accounts commonly requires both debit and credit entries? A. Sales Revenue B....
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BEJ-4 Indicate whether each of the following debits and credits is included in the cash
receipts journal. (Use "Yes" or "No" to answer this question.)
(a) Debit to Sales Revenue.
(c) Credit to Accounts Receivable.
(d) Debit to Accounts Payable.
(b) Credit to Inventory.
Transcribed Image Text:BEJ-4 Indicate whether each of the following debits and credits is included in the cash receipts journal. (Use "Yes" or "No" to answer this question.) (a) Debit to Sales Revenue. (c) Credit to Accounts Receivable. (d) Debit to Accounts Payable. (b) Credit to Inventory.
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