Which journal would the transaction for sale of goods on account be recorded in?

The transaction for the sale of goods on account is recorded in the Sales journal because this journal is specifically designated to capture all credit sales transactions where goods are sold but payment is not yet received at the time of the sale. The Sales journal records details such as the date of the transaction, customer information, item sold, quantity, and the total amount due. This allows for easier tracking of sales activity and outstanding receivables.

The other journals serve different purposes: the Cash Receipts journal is used to record all cash received, the General journal is intended for miscellaneous transactions that do not fit neatly into other specific journals, and the Cash Payments journal tracks transactions where cash is paid out. Thus, these journals would not accurately reflect the nature of a sale made on account, which emphasizes the amount owed by the customer rather than the cash flow at that moment.