The cash receipts journal is used to record all cash inflows for a business, including cash sales, collections from customers, and other sources of cash. It helps in tracking the company’s cash flow, ensuring accurate financial reporting, and maintaining organized records for auditing purposes. By consolidating these transactions in one place, the cash receipts journal also simplifies the process of reconciling cash accounts and analyzing revenue trends.
what is n the anlysis column of a CRJ
Transactions recorded in the cash receipts journal are, all receipts of cash.
Cross-footing a cash receipts journal means
all cash received.
check your answer
what is n the anlysis column of a CRJ
Transactions recorded in the cash receipts journal are, all receipts of cash.
Cross-footing a cash receipts journal means
all cash received.
check
check your answer
cash receipts journal
Another entry will be required in cash receipts journal with difference in recorded 4600(9500 - 5900).
Cross-footing a cash receipts journal means
we have some confusion about formet of cash recipts.is it true?
receipts 80 Cash Short(Over) 2 Cash 82
sales account sales account