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What goes in a Cash payment journal?

Anonymous

∙ 13y ago

Updated: 9/11/2023

All cash payments made by the company.

Wiki User

∙ 13y ago

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What is difference between a cash payment journal and a purchases journal?

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

A purchase of supplies for cash is recorded in the?

cash payment journal

What is the journal entry for down payment of cash?

[Debit] Down payment xxxx [Credit] cash xxxx

What are five special journals?

1 - Sales Journal 2 - Purchase Journal 3 - Cash Receipt Journal 4 - Cash Payment Journal 5 - General Journal

Cash disbursement journal is used to record?

To record cash payment bill.

Related Questions

What is difference between a cash payment journal and a purchases journal?

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

A purchase of supplies for cash is recorded in the?

cash payment journal

Drawings can be posted in cash payment journal?

no

What is the journal entry for down payment of cash?

[Debit] Down payment xxxx [Credit] cash xxxx

What are five special journals?

1 - Sales Journal 2 - Purchase Journal 3 - Cash Receipt Journal 4 - Cash Payment Journal 5 - General Journal

Cash disbursement journal is used to record?

To record cash payment bill.

What is journal entry for expense payment?

what is the entry for an excess payment from customer

What is the journal entry to made a down payment of cash and issued note payable?

cash book

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.

What journal entry is a down payment?

Debit down paymentCredit Cash

What are the different types of payment vouchers?

The different types of payment vouchers include cash payment vouchers, bank payment vouchers, and journal vouchers. Cash payment vouchers are used for cash transactions, bank payment vouchers for transactions through the bank, and journal vouchers for accounting entries. Each voucher type serves a specific purpose in documenting and authorizing payment transactions.

What are the four special journals in accounting?

Following are four special journals in accounting: 1 - Sales Journal 2 - Purchase journal 3 - Cash receipt journal 4 - Cash payment journal

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