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Mariulka [41]
2 years ago
15

Which of the following statements is correct? Multiple Choice A transaction that is properly recorded in the cash payments journ

al will always include the recording of an amount in the Cash Debit column. The entry to record the payment of an invoice within the cash discount period would include a debit to the Purchases Discounts account. The entry to record a cash purchase of merchandise would include a debit to Purchases and a credit to Cash. Purchase discounts is a contra revenue account.
Business
1 answer:
Arturiano [62]2 years ago
4 0
Yes choice a is right
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