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Gullu gullu
on Dec 16, 2024

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Which of the following transactions is recorded in the revenue journal?

A) sale of excess office equipment for cash
B) rendering services for cash
C) rendering services on account
D) sale of excess office equipment on account

Revenue Journal

An accounting journal used to record the company's revenue transactions systematically.

Office Equipment

Fixed assets intended for use over a long period of time for the purpose of performing office-related tasks.

Services Rendered

Work or services provided by a business or individual, typically in exchange for payment.

  • Discern and arrange transactions within the proper journals.
  • Identify the correct way to record transactions related to purchases and sales.
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KF
Katie FilesDec 19, 2024
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