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A Company Entered into the Following Transactions \underline{\quad\quad\quad\quad\quad} 1 Paid a Utility Bill For Transactions.Match

question 154

Essay

A company entered into the following transactions.Match each transaction with the appropriate journal.The journals can be used one time,zero times,or more than one time if necessary.
A. Cash receipts journal
B. Cash disbursements journal
C. Sales journal
D. Purchases journal
E. General journal
\underline{\quad\quad\quad\quad\quad} 1. Paid a utility bill for $3,400 \$ 3,400 cash.
\underline{\quad\quad\quad\quad\quad} 2. Purchased $1,590 \$ 1,590 of store supplies on account.
\underline{\quad\quad\quad\quad\quad} 3. Purchased a display rack on account for $4,700 \$ 4,700 .
\underline{\quad\quad\quad\quad\quad} 4. Paid $65,000 \$ 65,000 cash for wages and salaries.
\underline{\quad\quad\quad\quad\quad} 5. Borrowed $5,000 \$ 5,000 cash from the bank.
\underline{\quad\quad\quad\quad\quad} 6. Returned defective inventory purchased on account, $2,900 \$ 2,900
\underline{\quad\quad\quad\quad\quad} 7. A customer returned a $250 \$ 250 item purchased on account
\underline{\quad\quad\quad\quad\quad} 8. Purchased merchandise on account, $2,700 \$ 2,700 .
\underline{\quad\quad\quad\quad\quad} 9. Recorded cash sales of $14,700 \$ 14,700 .
\underline{\quad\quad\quad\quad\quad} 10. Recorded depreciation on store equipment of $4,000 \$ 4,000 .

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Definitions:

Descriptive Statistics

Statistical procedures that summarize, organize, and simplify data in order to describe its main features.

Correlational Statistics

Mathematical methods used to measure and describe the relationship between two variables.

Experimental Group

In research, the group of participants that receives the treatment or intervention under investigation to assess its effect.

Control Group

In experimental research, a group of subjects that does not receive the experimental treatment or intervention, used as a benchmark to measure the effect of the treatment.

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