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We introduce The Cash Payments journal which is used to record when the business makes payments or when money is taken out of the business’s bank account.
Up Next in Term 3
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Entering CPJ transitions and closing ...
We look further into how to enter CPJ transactions and how to close off the CPJ at the end of the month.
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The effect of CPJ transactions on the...
By studying the CPJ transactions for Nothi’s Nail Salon, we analyze the effects of CPJ transactions on the accounting equations.
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CPJ and CRJ transactions and closing ...
We look at a few transactions that will solidify your skills on closing off CPJ and CRJ.
