Business
Business, 26.11.2019 06:31, TheArkazary

Francisico company uses the columnar cash journals illustrated in the textbook. in april, the following selected cash transactionsoccurred.1. made a refund to a customer for the return of damaged goods.2. received collection from customer within the 3% discount period.3. purchased merchandise for cash.4. paid a creditor within the 3% discount period.5. received collection from customer after the 3% discount period had expired.6. paid freight on merchandise purchased.7. paid cash for office equipment.8. received cash refund from supplier for merchandise returned.9. withdrew cash for personal use of owner.10. made cash sales. instructionsindicate the journal and the columns in the journal that should be used in recording each transaction. for the columns in the journalportion of the answer using the appropriate letter from the choices shown below. a. cash ( other accounts (dr.)b. cash ( sales discounts ( and accounts receivable (cr.)c. cash ( accounts receivable (cr.)d. cash ( sales ( cost of goods sold ( and merchandise inventory (cr.)e. cash ( merchandise inventory ( and accounts payable (dr.)f. cash ( other accounts (cr.)g. cash ( sales discounts ( and accounts receivable (dr.)h. cash ( accounts receivable (dr.)i. cash ( sales ( cost of goods sold ( and merchandise inventory (dr.)j. cash ( merchandise inventory ( and accounts payable (cr.)

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Francisico company uses the columnar cash journals illustrated in the textbook. in april, the follow...

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