Examlex
Match each word part meaning with its correct word part.
-Pertaining to
Cash Payments Journal
A financial journal that records all disbursements of cash, including expenses, asset purchases, and debt payments.
Merchandise
Goods that are purchased with the intention of reselling them to customers, typically found in the inventory of retail businesses.
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.
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