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Below Are Listed Several Books of Original Entry

question 36

Essay

Below are listed several books of original entry. Indicate the journal in which each transaction should be recorded by placing the letters representing the appropriate journal in the space provided.
CP Cash payments journal
CR Cash receipts journal
P Purchases journal
GJ General journal
0. ----CP----- Paid weekly salaries.
a. ________ Purchased merchandise on account.
b. ________ Gave customer credit on account for merchandise returned.
c. ________ Owner invested additional cash in the business.
d. ________ Sold merchandise on account.
e. ________ Received credit on account from a supplier for merchandise returned.
f. ________ Purchased office equipment on account.
g. ________ Sold merchandise for cash.
h. ________ Paid for goods purchased in a.
i. ________ Owner withdrew cash from the business.
j. ________ Paid for advertising expense.


Definitions:

Non-Face-To-Face Communication

Communication methods that do not involve in-person interaction, such as texting, emailing, or using video calls.

Mental Health Parity

The equal treatment of mental health conditions and substance use disorders in insurance plans compared to physical health ailments.

Psychiatric Medication

Medicines used specifically to alter chemical levels in the brain that impact a person's mood and behavior, used in the treatment of mental health disorders.

Employee Assistance Program

A work-based intervention program designed to assist employees in resolving personal problems that may be adversely affecting their job performance, health, and well-being.

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