Journalizing Merchandise Business
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Last updated 8:55 PM on 1/25/26
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7 Terms
1
New cards
A/R |
Sales |
HST Payable |
Sales Invoice # |
Seller
2
New cards
Sales R&A |
HST Payable |
A/R |
Credit Invoice Issued # |
Seller
3
New cards
Bank |
Sales Discount |
A/R |
Cash Receipt # |
Seller
4
New cards
Purchases |
HST Recoverable |
A/P |
Purchase Invoice # % N_ |
Purchaser
5
New cards
Freight In |
HST Recoverable |
Bank |
Cheque Copy # |
Purchaser
6
New cards
A/P |
Purchases R&A |
HST Recoverable |
Credit Invoice Received # |
Purchaser
7
New cards
A/P |
Bank |
Purchase Discount |
Cheque Copy # |
Purchaser
Note 
Flashcards (81)