Business, 29.06.2021 19:40 chrisk1888

Identifying errors in special journals For each transaction listed, identify the recording error and indicate the journal that should have been used.
a. Henry Associates paid $490 on account for an earlier purchase Purchases journal of merchandise inventory.
b. Recorded depreciation expense for the month. Cash payments journal
c. Collected interest revenue. Cash receipts journal
d. Sold merchandise inventory on account. Cash receipts journal
e. Issued check no. 535 for purchase of merchandise inventory. Purchases journal
f. Returned damaged inventory that was purchased on account. Purchases journal
g. Sold merchandise inventory for cash. Sales journal

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Identifying errors in special journals For each transaction listed, identify the recording error an...