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assuming the use of a two column (all purpose) general journal, a purchases jour

ID: 2364317 • Letter: A

Question

assuming the use of a two column (all purpose) general journal, a purchases journal, and a cash payments journal, indicate the journal in which each of the following should be recorded: Purchase of an office computer on account purchase of services on account purchase of office supplies on account adjustment to prepaid rent at the end of the month adjustment to record accrued salaries at the end of the period purchase of office supplies for cash advance payment of one-year fore insurance policy on the office purchase of office equipment for cash adjustment to prepaid insurance at end of month adjustment to record depreciation at end of month payment of six months rent in advance

Explanation / Answer

purchases journal Purchase of an office computer, account purchase of services . account purchase of office supplies, purchase of office supplies for cash, purchase of office equipment for cash cash payments journal Purchase of an office computer account purchase of office supplies, purchase of office supplies for cash, purchase of office equipment for cash advance payment of one-year fore insurance policy