Welcome to Ask Mfundi, the place where you can get answers if you're stuck with your homework, school work or preparing for exams.

Sponsored Ads

WHAT IS CPJ AND CRJ

0 votes
asked Jun 21, 2012 by anonymous

1 Answer

0 votes
CPJ is a Cash Payments Journal. This is the book in which businesses record ALL money spent on buy stock, stationery, paying expenses etc.

CRJ is the Cash Receipts Journal. This book is used to record all incomes. From rent to sales to interest on investments etc.

These two books are the fundamental books of a business.
answered Jun 21, 2012 by Colin from  Mfundi (6,100 points)

Related questions

0 votes
0 answers 93 views
93 views asked Sep 6, 2013 by philani (120 points)
0 votes
1 answer 34 views
34 views asked Dec 3, 2012 by Angela Okine (150 points)
0 votes
1 answer 115 views
+1 vote
1 answer 162 views
Creative Commons Licence
This work is licensed under a
Creative Commons Attribution-ShareAlike 3.0 Unported License.
...