Which of the following transaction is BEST recorded in the general journal?
A Payment of rent with cheque
B Purchase of stock with cash
C Purchase of an asset on credit terms
D Transfer of cash from head office branch
Answer is D
Tutors, Past Questions and Projects.
Which of the following transaction is BEST recorded in the general journal?
A Payment of rent with cheque
B Purchase of stock with cash
C Purchase of an asset on credit terms
D Transfer of cash from head office branch
Answer is D
