A cash purchase of supplies should be recorded in the

Question

Quizplus · Accepted Answer

A cash purchase of supplies should be recorded in the cash payments journal, as this journal is used to record all outflows of cash from the company's accounts. The purchases journal is used to record credit purchases, while the cash receipts journal is used to record all inflows of cash into the company's accounts. The general journal is used for all other transactions that cannot be recorded in the other journals.

A Cash Purchase of Supplies Should Be Recorded in the