32. If a two-column (all-purpose) general journal, a purchases journal, and a cash payments journal...

60.1K

Verified Solution

Question

Accounting

image

32. If a two-column (all-purpose) general journal, a purchases journal, and a cash payments journal are used, indicate the journal in which cach of the following transactions should be recorded: (10 points) a. Payment of rent. b. Purchase of supplies on account. c. Purchase of computer on account. d. Purchase of supplies for cash. e. Advance payment of a one-year fire insurance policy on the office. f. Adjustment to record accrued salaries at the end of the period. g. Adjustment to record depreciation at the end of the month. h. Payment of an account payable

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students