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  • (Template) PETA - Special Journals

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    Angelo Reyes
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    The document discusses accounting for special journals, specifically a purchases journal. The purchases journal is used to record purchase transactions on account for JC Clothing Store. It is assumed that the invoice amount for all transactions, including non-merchandise items, includes a 12% value added tax.

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    [Template] PETA - Special Journals

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    The document discusses accounting for special journals, specifically a purchases journal. The purchases journal is used to record purchase transactions on account for JC Clothing Store. It is assumed that the invoice amount for all transactions, including non-merchandise items, includes a 12% value added tax.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    6 views1 page

    (Template) PETA - Special Journals

    Uploaded by

    Angelo Reyes
    The document discusses accounting for special journals, specifically a purchases journal. The purchases journal is used to record purchase transactions on account for JC Clothing Store. It is assumed that the invoice amount for all transactions, including non-merchandise items, includes a 12% value added tax.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    ACCOUNTING FOR SPECIAL JOURNALS

    PURCHASES JOURNAL

    a. Purchase transactions on account of JC Clothing Store. Assume that the invoice amount
    including non-merchandise is inclusive of 12% value added tax.

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