32. If a two-column (all-purpose) general journal, a purchases journal, and a ca

Question

32. If a two-column (all-purpose) general journal, a purchases journal, and a cash payments journal are used, indicate the journal in which cach of the following transactions should be recorded: (10 points) a. Payment of rent. b. Purchase of supplies on account. c. Purchase of computer on account. d. Purchase of supplies for cash. e. Advance payment of a one-year fire insurance policy on the office. f. Adjustment to record accrued salaries at the end of the period. g. Adjustment to record depreciation at the end of the month. h. Payment of an account payable.

Explanation / Answer

A. Cash payment journal

B. purchase journal

C. Purchase journal

D. Cash payment journal

E. Cash payment journal

F. General journal

G. General journal

H. cash payment journal

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