Question
When using a purchases journal, Select one: a. the Other Accounts total is posted to Accounts Payable at month's end b. posting to creditor accounts
When using a purchases journal, Select one:
a. the "Other Accounts" total is posted to Accounts Payable at month's end
b. posting to creditor accounts is only done at the end of the month
c. all cash and credit purchases are recorded in the journal
d. there will always be an "Accounts Payable Cr." column
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Accounting Information Systems
Authors: George H. Bodnar, William S. Hopwood
11th Edition
0132871939, 978-0132871938
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