Nestleacute a switzerland-based company uses a sales, Ask an Expert

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Nestlé, a Switzerland-based company, uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements journal, and a general journal. All amounts in millions of Swiss franc, CHF.
1. Nestlé purchased CHF 8,000 of merchandise on credit from the suppliers.
2. Nestlé sold CHF 100,000 of merchandise on credit to customers.
3. A key customer returned CHF 900 of merchandise to Nestlé.

Journalize the Nestlé transactions that should be recorded in the general journal.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9951982

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