A cash purchase of supplies should be recorded in the?

Question: A cash purchase of supplies should be recorded in the?

A cash purchase of supplies should be recorded in the cash disbursements journal. This journal is used to track all the payments made by a business using cash or checks. The cash disbursements journal helps to monitor the cash flow and the expenses of the business. It also provides a record of the source documents, such as invoices or receipts, that support each transaction.

In the cash disbursements journal, each entry should include the date, the payee, the amount, the account debited, and the reference number of the source document. For example, if a business buys office supplies for $100 in cash on January 1st, 2024, and receives an invoice with the number INV-001, the entry in the cash disbursements journal would look like this:

| Date       | Payee       | Amount | Account Debited | Ref. No. |

|------------|-------------|--------|-----------------|----------|

| 01/01/2024 | Office Depot | $100   | Supplies        | INV-001  |

Recording cash purchases of supplies in the cash disbursements journal ensures that the business has an accurate and complete record of its cash outflows and its inventory of supplies.