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Recording and Posting Purchases and Cash Payment Transactions. Purchases and cash payment transactions made by Best News for the month of March are described below:

Recording and Posting Purchases and Cash Payment Transactions. Purchases and cash payment transactions made by Best News for the month of March are described below: image text in transcribed

Instructions: Prepare the following reports: Purchases Journal, Cash Disbursement Journal, Vendor Ledger, and General Ledger.

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