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QUESTION

Medical Supply Company uses a cash receipts journal, a cash payments journal, a sales journal, a purchases journal, and a general journal.

Medical Supply Company uses a cash receipts journal, a cash payments journal, a sales journal, a purchases journal, and a general journal. Which journal should be used to record each of the following transactions?

A. Payment of Property TaxesB. Purchase of Office Equipment on Credit C. Sale of Merchandise on CreditD. Sale of Merchandise for CashE. Cash refund to a customer who returned MerchandiseF. Return of Merchandise to a supplierG. Adjusting entry to record depreciationH. Purchase of a delivery truck for cashI. Purchase of merchandise on credit J. Return of merchandise by a customer company for credit to its account

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