Matching
If a two lists (all-purpose) general journal, a purchases journal, and a cash payments journal are used, select the journal in which each of the following transactions should be recorded:
Premises:
Purchase of supplies on account.
Adjustment to record depreciation at the end of the month.
Adjustment to record accrued salaries at the end of the period.
Payment of rent.
Purchase of computer on account.
Payment of an account payable.
Advance payment of a one-year fire insurance policy on the office.
Purchase of supplies for cash.
Responses:
general journal
cash payments journal
purchases journal
Correct Answer:
Premises:
Responses:
Purchase of supplies on account.
Adjustment to record depreciation at the end of the month.
Adjustment to record accrued salaries at the end of the period.
Payment of rent.
Purchase of computer on account.
Payment of an account payable.
Advance payment of a one-year fire insurance policy on the office.
Purchase of supplies for cash.
Premises:
Purchase of supplies on account.
Adjustment to record depreciation at the end of the month.
Adjustment to record accrued salaries at the end of the period.
Payment of rent.
Purchase of computer on account.
Payment of an account payable.
Advance payment of a one-year fire insurance policy on the office.
Purchase of supplies for cash.
Responses:
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