Which of the following should be recorded in the Journal?
Select ONE answer:
- Cash sales.
- Fixtures bought on credit.
- Goods sold on credit.
- None of the above.
Show your workings to arrive at your answer, and explain and justify your reasons:
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This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 2
- Incorrect – A Cash sales should be recorded in the cash book (or cash receipts book).
- Correct
- Incorrect – Goods sold on credit should be recorded in the sales journal.
- Incorrect
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