how do we record in the cash payment journal for the payment in cash and with the GST included and received discount

When a depositor can take out more than the amount of funds, he/she has within an account is known as: O a. Discounted Bill of Exchange O b. Overdraft Facility OC. Term Loan O d. Money at call

Does a cash purchase for dental equipment go under cash and notes payable?

Transactions involved in the purchases and cash disbursements cycle include: A Debit inventory, credit cash B Debit inventory, credit accounts payable C Debit accounts payable, credit cash D All of these

How to calculate cash receipt journal

What's the entry for the cash receipt journal?

Which of the following account will be least likely involved in the purchasing sub-process of the purchasing and disbursement cycle? a. Inventory b. Prepaid expenses c. Accounts payable d. Cash in bank

How do I find the amount for the cash account?

Which transaction types should be recorded using the Bank Deposit form?

Why should cash receipts and sales to credit clients be documented and reported immediately?