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Purchases Journal
An accounting journal used to record all purchases of goods and services on credit.
Other Accounts Column
The Other Accounts Column appears in accounting journals or ledgers, used to record transactions that do not fit into the standard categories or columns provided, ensuring flexibility in bookkeeping.
Owner's Drawings
Money or other assets that the owner withdraws from the business for personal use.
Cash Receipts Journal
A financial journal that records all cash inflows or money received by the business.
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