A cash payments journal is used to record:
A) sales of inventory on account.
B) purchases of inventory on credit.
C) correcting and adjusting entries.
D) all cash paid out including for cash purchases of inventory.

Name: A cash payments journal is used to record: A) sales of inventory on account. B) purchases of inventory on credit. C) correcting and adjusting entries. D) all cash paid out including for cash purchases of inventory.
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Question

Quizplus · Accepted Answer

All payments are entered in a cash payments journal.

A Cash Payments Journal Is Used to Record