0
What else can I help you with?
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
In which journal would the payment of salaries be posted?
cial journal
The journal entry to record the payment of a monthly utility bill would include?
A debit to capital and and a credit tocash
What are five special journals?
1 - Sales Journal 2 - Purchase Journal 3 - Cash Receipt Journal 4 - Cash Payment Journal 5 - General Journal
A purchase of supplies for cash is recorded in the?
cash payment journal
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
The steps involved in the certification process for a Certifying Officer include?
review of the supporting payment documents
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 is meant by Payment by documents through bank?
Payment by documents through your bank is how you have made your payment. The document could be your check.
In which journal would the payment of salaries be posted?
cial journal
Drawings can be posted in cash payment journal?
no
The journal entry to record the payment of a monthly utility bill would include?
A debit to capital and and a credit tocash
What are five special journals?
1 - Sales Journal 2 - Purchase Journal 3 - Cash Receipt Journal 4 - Cash Payment Journal 5 - General Journal
What should be supporting documents of payment voucher?
suporting document for payment invoice
What is journal entry for expense payment?
what is the entry for an excess payment from customer
Journal entry for applying a payment in receivable system?
This would include a debit to cash for the amount received and a credit to the account receivable that the amount pertains too.
A purchase of supplies for cash is recorded in the?
cash payment journal
