Match each of the numbered descriptions with the term, title, or phrase that it best reflects. Indicate your answer by entering the letter A through J in the blank provided. A. General journal B. Special journal C. Subsidiary ledger D. Accounts receivable ledger E. Accounts payable ledger F. Controlling account G. Sales journal H. Cash receipts journal I. Purchases journal J. Cash payments journal 1. Used to record all cash payments. 2. Used to record all credit purchases. 3. Used to record all receipts of cash. 4. Used to record sales of inventory on credit. 5. Stores transaction data of individual customers. 6. Stores transaction data of individual suppliers. 7. Account that is said to control a specific subsidiary ledger. 8. Contains detailed information on a specific account from the general ledger. 9. Used to record and post transactions of similar type. 10. All-purpose journal in which any transaction can be recorded.
Match each of the numbered descriptions with the term, title, or phrase that it best reflects. Indicate your
answer by entering the letter A through J in the blank provided. A. General journal
B. Special journal
C. Subsidiary ledger
D. Accounts receivable ledger
E. Accounts payable ledger
F. Controlling account
G. Sales journal
H. Cash receipts journal
I. Purchases journal
J. Cash payments journal 1. Used to record all cash payments.
2. Used to record all credit purchases.
3. Used to record all receipts of cash.
4. Used to record sales of inventory on credit.
5. Stores transaction data of individual customers.
6. Stores transaction data of individual suppliers.
7. Account that is said to control a specific subsidiary ledger.
8. Contains detailed information on a specific account from the general ledger.
9. Used to record and
10. All-purpose journal in which any transaction can be recorded.
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