If a company uses a multi-column purchases journal which of the following possible headings for debit columns of the journal would not be appropriate?
A) Accounts Payable
B) Inventory
C) Supplies
D) Other Accounts

Question

Quizplus · Accepted Answer

The purchases journal is used for recording all purchases on credit, and typically includes columns for debits to Inventory, Supplies, Other Accounts, but not Accounts Payable, as this is the account credited in these transactions.

If a Company Uses a Multi-Column Purchases Journal Which of the Following