A Cash Payments Journal Is a Special Journal That ________

question 131

Multiple Choice

A cash payments journal is a special journal that ________.

• A) differs from the cash disbursements journal
• B) eliminates the need to perform a bank reconciliation
• C) is used to record cash payments by check and currency
• D) is used to record the net of cash payments and cash receipts by check and currency

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Definitions:

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