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Indicate in which of the five journals the transaction must be recorded. A. Sales Journal B....

Indicate in which of the five journals the transaction must be recorded.

A. Sales Journal

B. Cash Receipts Journal

C. Purchases Journal

D. Cash Payments Journal

1. Receipt of cash from a customer in the settlement of an account.

2. Note payable sent to a creditor in settlement of an account.

3. Payment of interest on a mortgage.

4. Receipt of a note in settlement of a customer’s account.

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