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Where do you record a purchase of supplies on account?
This should be recorded in the cash payment journal.
Accounting equation for purchase supplies for cash?
supplies cash
A purchase of supplies for cash is recorded in the?
cash payment journal
What does Purchases 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.
In accounting Cash purchase of supplies should be recorded in what?
cash payments journal
Where do you record a purchase of supplies on account?
This should be recorded in the cash payment journal.
Accounting equation for purchase supplies for cash?
supplies cash
A purchase of supplies for cash is recorded in the?
cash payment journal
What does Purchases 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.
In accounting Cash purchase of supplies should be recorded in what?
cash payments journal
Which journal entry records payment for supplies?
The journal entry to record payment for supplies would involve crediting the cash account and debiting the supplies expense account.
What kinds of transactions are recorded in a purchases journal?
purchase of store supplies for cash
How do you record a journal entry for purchase?
If the purchase was done on cash then, Purchase A/c Dr To Cash A/c If the purchase was done on credit, Purchases A/c Dr To Creditor A/c
How do you record journal entry for a purchase return?
debit cash / bank / accounts payablecredit purchase return
What the accounting journal entries to record purchase of basketball?
debit basketballcredit cash
In which special journal would a purchase of merchandise for cash be recorded?
A company that uses special journals should record a transaction involving the purchase of merchandise for cash ia a: Answer: Cash Payments Journal
Does cash purchase of equipment go in the cash receipt journal?
cash receipt journal is used to record money received by the business during calendar month as previously mentioned ,when money is received by the business for capitalDebit Asset a/c if asset a/c is bought and credit Cash a/c OR if these are sundry supplies debit that head and credit cash accept.we have some confusion about format of cash recipts.is it true?
