Analyzing a Source Document The Country Peddler, which is a retail merchandising

Chapter 17, Problem 17-3

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QUESTION:

Analyzing aSource Document

The Country Peddler, which is a retail merchandising business, had the following transaction that occurred on November 2.

Instructions Analyze Check Stub 104 that is shown here. In your working papers, make the necessary entry to record the transaction on page 11 of the cash payments journal.

Questions & Answers

QUESTION:

Analyzing aSource Document

The Country Peddler, which is a retail merchandising business, had the following transaction that occurred on November 2.

Instructions Analyze Check Stub 104 that is shown here. In your working papers, make the necessary entry to record the transaction on page 11 of the cash payments journal.

ANSWER:

                                                                 Step 1 of 3

Check stub refers to the part of the check which is kept by the payee. It includes information like date, check number, etc.

                                                                 

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