Asked by
Giuseppe Alastra
on Nov 12, 2024
Verified
The revenue journal is designed for the efficient recording of cash sales transactions.
Revenue Journal
A specialized accounting journal where a business records its revenue transactions.
Cash Sales
Transactions in which goods or services are exchanged for immediate payment in the form of cash or its equivalents.
- Acquire knowledge about the purpose and logging method of special journals in financial dealings.
Verified Answer
MP
Learning Objectives
- Acquire knowledge about the purpose and logging method of special journals in financial dealings.