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Read each transaction and identify the appropriate journal that it should be recorded in: 1. Owner withdrew supplies 2. Sale made on account 3. Payment to vendor on account 4. Payment received from customer
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2 votes
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Read each transaction and identify the appropriate journal that it should be recorded in:

1. Owner withdrew supplies
2. Sale made on account
3. Payment to vendor on account
4. Payment received from customer on account
5. Purchases on account
6. Adjusting journal entry for supplies used
7. Owner withdrew cash
8. Company borrows money from bank
9. Record monthly depreciation
10. Close revenue accounts at month's end

User Alex De Groot
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1 Answer

23 votes
23 votes

Answer:5

Step-by-step explanation:

User Johnny Dew
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