1. Why should the sale of a fixed asset not be recorded in a simple sales journal? 2. Which special journal handles the following types of transactions? a cash sales b credit sales c receipts from...

1. Why should the sale of a fixed asset not be recorded in a simple sales journal?

2. Which special journal handles the following types of transactions? a cash sales b credit sales c receipts from debtors d payments to creditors e cash purchases f credit purchases

May 26, 2022