mardenrome mardenrome
  • 15-08-2017
  • Mathematics
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Adidea Corp. received $4,000 cash for merchandise sold, $1,200 cash for an accounts receivable payment, and $500 cash for a loan payment. How would the company record these transactions in its cash receipt journal?

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Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 15-08-2017
Cash Dr 5700
To sales revenue 4000
To accounts receivable 1200
To loan payable 500
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