Which of the following transactions would be recorded in the cash payments journal?
A) Payment of telephone account
B) Purchase of goods on credit
C) Rent accrued at the end of the accounting period
D) Personal expenses paid from owner's private cheque book

Question

Quizplus · Accepted Answer

The cash payments journal is used to record all cash payments, including expenses such as telephone accounts. Purchases on credit would be recorded in the purchases journal, rent accrued would be recorded in the general journal, and personal expenses paid from the owner's private cheque book would not be recorded in the business's accounting records.

Which of the Following Transactions Would Be Recorded in the Cash