Question:Which of the following statement is correct? 

A The sales discount column is included in the cash receipts journal. 
B The purchase journal records all purchases of merchandise whether for cash or on account. 
C The cash receipts journal records sales on account. 
D Merchandise returned by the buyer is recorded by the seller in the purchases journal. 

+ Answer
A 

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Md. Saydul Alam

Editor, VCampus

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