Recap

What does CPJ stand for?

• cash payments journal

• cash paying journal

• credit payments journal

• credit paying journal

What does CRJ stand for?

• credit receipts journal

• cash receiving for January

• cash register journal

• cash receipts journal

What would equipment be classified as?

• Asset

• Liability

• Income

• Expense

What would wages be classified as?

• Asset

• Liability

• Income

• Expense

What would bank be classified as?

• Asset

• Liability

• Income

• Expense