What is the cash receipts journal used for What is the cash payments journal used for What does the term 2 1 0 n 3 0 mean Are sales discounts captured on these journals or in the sales journal Explain

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What is the cash receipts journal used for? What is the cash payments journal used for? What does the term 2 / 1 0 n

What is the cash receipts journal used for? What is the cash payments journal used for? What does the term

2 / 10

/ 30

mean? Are sales discounts captured on these journals or in the sales journal? Explain!

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