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Question 7 (7 marks) a) Discuss the difference between a cash payments journal and cash receipts journal. (4 marks) b) In a system which
Question 7 (7 marks) a) Discuss the difference between a cash payments journal and cash receipts journal. (4 marks) b) In a system which uses several special journals, it is not necessary to have a general journal. Do you agree? Discuss. (3 marks)
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
7th edition
978-1118344262, 111834426X, 1118162285, 978-1118562208, 1118562208, 978-1118162286
