Essay
If a two-column
(all-purpose) general journal, a purchases journal, and a cash payments journal are used, indicate the journal in which each of the following transactions should be recorded:
(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
Correct Answer:

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(a)cash payments journal
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