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    College Accounting Study Set 5
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    Exam 12: Special Journals
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    When Purchasing Merchandise for Resale on Account, Record the Transaction
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When Purchasing Merchandise for Resale on Account, Record the Transaction

Question 13

Question 13

Multiple Choice

When purchasing merchandise for resale on account, record the transaction in the


A) sales journal.
B) cash receipts journal.
C) cash payments journal.
D) purchases journal.

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