In which journal would a cash purchase of inventory be recor
In which journal would a cash purchase of inventory be recorded?
Purchases journal
General journal
Cash payments journal
None of these answer choices are correct.
| a. | Purchases journal | |
| b. | General journal | |
| c. | Cash payments journal | |
| d. | None of these answer choices are correct. |
Solution
Ans is C Cash payments journal
Explanation: All the purchases made in cash are recorded through cash payment journal, on account purchases are recorded
Through purchases journal, and items of adjustment are recorded through general journal.
