Which of the following is not a column heading in a purchases journal?
A) Purchase date
B) Supplier's name
C) GST receivable
D) Cash/Bank

Name: Which of the following is not a column heading in a purchases journal? A) Purchase date B) Supplier's name C) GST receivable D) Cash/Bank
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Question

Quizplus · Accepted Answer

The purchases journal is used to record credit purchases only, not cash or bank transactions. Cash or bank transactions are recorded in the cash book or bank journal.

Which of the Following Is Not a Column Heading in a Purchases