avril 2021

7 3 Analyze and Journalize Transactions Using Special Journals Principles of Accounting, Volume 1: Financial Accounting

The main source of entries for this journal are check stubs and payment requests. If these two conditions are satisfied, a business can be assured that it has transferred correct data from the cash payment log to other ledgers. At the conclusion of the journaling period, each of these columns is then summed up to get a total. Cash Payment Journal: Definition Since the purchases journal is only for...

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