Mayana Corporation uses special journals to record its transactions. If one of Mayana's customers returns...
FINANCIAL
JAMB 1998
Mayana Corporation uses special journals to record its transactions. If one of Mayana's customers returns merchandize purchased with cash (for a refund), it makes an entry in the?
- A. cash receipts journal
- B. sales journal
- C. general journal
- D. cash disbursement journal
Correct Answer: D. cash disbursement journal
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