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Transactions recorded in the cash receipts journal are, all receipts of cash.
cash payment journal
Purchase journal is used to record "Credit Purchases" for resale purpose like supplies from suppliers and hence no cash purchases are recorded as cash purchases are recorded in cash payment journal.
A company that uses special journals should record a transaction involving the purchase of merchandise for cash ia a: Answer: Cash Payments Journal
cash payments journal
Transactions recorded in the cash receipts journal are, all receipts of cash.
cash payment journal
Purchase journal is used to record "Credit Purchases" for resale purpose like supplies from suppliers and hence no cash purchases are recorded as cash purchases are recorded in cash payment journal.
cash receipts journal
A company that uses special journals should record a transaction involving the purchase of merchandise for cash ia a: Answer: Cash Payments Journal
cash payments journal
Yes, the transaction of returning defective supplies and receiving a cash refund would typically be recorded in the Cash Receipts Journal. The entry would involve debiting the accounts payable or purchases returns account for the amount of the defective supplies and crediting the cash account for the amount of the refund received.
Revenue journal
Revenue Journal
Another entry will be required in cash receipts journal with difference in recorded 4600(9500 - 5900).
she invested P 50, 000 in cash to start his business
This should be recorded in the cash payment journal.