For what are special amount columns in a journal used


Response to the following questions:

1. What kinds of transactions are recorded in a purchases journal?

2. For what are special amount columns in a journal used?

3. Why are there two account titles in the amount column of the purchases journal?

4. What is the advantage of having special amount columns in a journal?

 

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Accounting Basics: For what are special amount columns in a journal used
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