Question

For each of the below transactions for Dartmouth Company, indicate whether it would normally be recorded...

For each of the below transactions for Dartmouth Company, indicate whether it would normally be recorded in a cash receipts journal, cash payments journal, sales journal, purchases journal, or general journal.

1. Sale of merchandise for cash                                                           Purchases JournalCash Payments JournalSales JournalGeneral JournalCash Receipts Journal
2. Payment of employee salaries                                                           Cash Receipts JournalSales JournalPurchases JournalGeneral JournalCash Payments Journal
3. Sale of land for cash                                                           General JournalSales JournalPurchases JournalCash Receipts JournalCash Payments Journal
4. Depreciation on equipment                                                           Sales JournalPurchases JournalCash Payments JournalCash Receipts JournalGeneral Journal
5. Purchase of supplies on account                                                           Cash Payments JournalPurchases JournalSales JournalGeneral JournalCash Receipts Journal
6. Purchase of merchandise on account                                                           General JournalPurchases JournalCash Receipts JournalSales JournalCash Payments Journal
7. Purchase of land for cash                                                           General JournalCash Receipts JournalPurchases JournalSales JournalCash Payments Journal
8. Payment on account                                                           Cash Payments JournalGeneral JournalPurchases JournalCash Receipts JournalSales Journal
9. Return of merchandise purchased on credit                                                           General JournalSales JournalPurchases JournalCash Payments JournalCash Receipts Journal
10. Collection on account from customers                                                           Cash Receipts JournalPurchases JournalGeneral JournalCash Payments JournalSales Journal
11. Revenues and expenses closed to income summary                                                           Cash Receipts JournalPurchases JournalSales JournalGeneral JournalCash Payments Journal
12. Sale of merchandise on account                                                           Sales JournalPurchases JournalCash Payments JournalCash Receipts JournalGeneral Journal
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Answer #1
1 Sale of merchandise for cash Cash Receipts Journal
2 Payment of employee salaries Cash Payments Journal
3 Sale of land for cash Cash Receipts Journal
4 Depreciation on equipment General Journal
5 Purchase of supplies on account Purchases Journal
6 Purchase of merchandise on account Purchases Journal
7 Purchase of land for cash Cash Payments Journal
8 Payment on account Cash Payments Journal
9 Return of merchandise purchased on credit General Journal
10 Collection on account from customers Cash Receipts Journal
11 Revenues and expenses closed to income summary General Journal
12 Sale of merchandise on account Sales Journal

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