Cash Payment Journal Grade 8 Notes: A cash payment journal is a special journal that allows you to record all cash payments – that is, all transactions during which you spend funds.
What is Cash Payment Journal used for?
A cash payment journal is used to record all cash payments such as:
- Capital Investment
- Cash Sales
- Collection on Customer Accounts
- Collection from Long-Term Investments
- Loans of Capital from Banks or Individuals
Cash Payment Journal Video Lesson
Cash Payment Journal Grade 8 Notes on pdf
Find Cash Payment Journal notes for grade 8 learners in pdf downloadable format: