Explain the advantages of a cash receipts journal over the use of a general journal for recording
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Explain the advantages of a cash receipts journal over the use of a general journal for recording cash received.
In what ways does the use of columns in a cash receipts journal help in the recording and processing of information?
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A cash receipts journal is a specialized accounting journal used to record all cash received by a business It offers several advantages over using a general journal for recording cash received and the ...View the full answer
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Related Book For 
Fundamental Accounting
ISBN: 9781485112112
7th Edition
Authors: David Flynn, Carolina Koornhof, Ronald Arendse, Anna C. E. Coetzee, Edwardo Muriro, Louise Christel Posthumus, Louise Mancy Smit
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