Business Accounting and Bookkeeping
Accounts Payable
Accounts Receivable

What goes in a Cash payment journal?

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2012-02-15 17:45:33
2012-02-15 17:45:33

All cash payments made by the company.

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a cash payment journal is used to record only cash payment transactions where as the purchases journal is used to record ONLY purchases on account transactions

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This should be recorded in the cash payment journal.

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