BUSINESS paid rent amounting to $100″ which of the following specialized journals records this transaction?

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Academy of PakistanTest & Learning

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ACash receipts journal

BCash payments journal

CPurchase journal

DSales journal

Correct answer

B. Cash payments journal

Explanation

Cash payments journal is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

BUSINESS paid rent amounting to $100″ which of the following specialized journals records this transaction? - Answer and Explanation | Academy of Pakistan