Rauch Computer Components Inc. uses a multi-column cash receipts journal. Indicate which column(s)… 1 answer below »
Rauch Computer Components Inc. uses a multi-column cash receipts journal. Indicate which column(s) is/are posted only in total, only daily, or both in total and daily.
(a) Accounts Receivable.
(b) Sales Discounts.
(c) Cash.
(d) Other Accounts.