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Purchases Journal

Purchases Journal

The Purchases Journal is a special journal designed to record a single type of frequently occurring transaction -- in this case, credit purchases. This tutorial covers the concept of the purchases journal from the original transactions through the posting process.
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Nikhil Murali
Nikhil Murali (Student)
9 years ago
The module explains the concept of a Purchases Journal well but the lack of practical examples downgrades its importance from a teaching tool to a mere revision aid. It might be useful for a student to peruse right before an exam, but will not be useful as a teaching tool.