A record keeping tool used to record purchases in a manual accounting system.This "tool" would consist of recording all of the purchased orders issued to vendors in a chronological order.
A)Purchase order
B)Purchase requisition
C)Purchase invoice
D)Purchase journal

Question

Quizplus · Accepted Answer

A purchase journal is a record keeping tool used to record purchases in a manual accounting system. It consists of recording all of the purchased orders issued to vendors in a chronological order. Purchase orders (A) are the actual orders issued to vendors for goods or services, purchase requisitions (B) are internal documents used to request purchases from other departments, and purchase invoices (C) are documents received from vendors to indicate the amount owed for goods or services purchased.

A Record Keeping Tool Used to Record Purchases in a Manual