A sales journal is used to record
A. only cash sales of merchandise.
B. sales of all assets on credit and for cash.
C. only credit sales of merchandise.
D. credit sales of merchandise, sales returns and allowances, and sales discounts.
Answer:C
A sales journal is used to record
A. only cash sales of merchandise. B. sales of all assets on credit and for cash. C. only credit sales of merchandise. D. credit sales of merchandise, sales returns and allowances, and sales discounts.