Question and answer
Credit purchases of supplies that are to be used in the business are entered in the _____journal. A. purchases B. general C. cash payments D. cash receipts
Credit purchases of supplies that are to be used in the business are entered in the purchase journal. The Purchases journal is used for recording credit purchases such as merchandise for resale to customers, business supplies, equipment, [ and other such purchases. ]
Expert answered|heartfairy88|Points 20|
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Asked 3/22/2014 6:57:38 PM
Updated 3/22/2014 7:25:01 PM
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Confirmed by jeifunk [3/22/2014 7:25:01 PM]
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Questions asked by the same visitor
After a supplier of merchandise is selected, the purchasing department issues a form called a: A. purchase invoice. B. purchase order. C. sale invoice. D. purchase requisition.
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Updated 3/22/2014 8:21:31 PM
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After a supplier of merchandise is selected, the purchasing department issues a form called a PURCHASE ORDER.
Added 3/22/2014 8:21:31 PM
This answer has been confirmed as correct and helpful.
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