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Single-Column Purchases Journal
An accounting journal used to record all purchase transactions of a business in a single column, typically for the purchase of inventory on credit.
Cash Payments Journal
A business ledger that documents every payment or cash disbursement made by a company.
General Journal
An accounting journal where all types of transactions are initially recorded, before being posted to specific accounts in the ledger.
Accounting System
A systematic process used by entities to track financial transactions and summarize financial data.
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