Question 5
Books of Original EntryWhich of the following is not one of the uses of a journal proper? To record
- A.small and repetitive cash disbursements
- B.purchase and sale of fixed assets on credit
- C.writing off bad debts
- D.correction of errors.
Show the answer and explanation
Answer: A (small and repetitive cash disbursements)
Explanation
Small repetitive cash payments go in the petty cash book.