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Name Date THE PURCHASES JOURNALObjectives After completing this chapter, you should be able to:1. Record purchases or merchandise on credit in a purchases journal. 2. Total, prove, and rule the purchases

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What is form purchases?

Form purchases is a document used to report purchases made by a business during a specific period of time.

Who is required to file form purchases?

Businesses that make purchases for their operations are required to file form purchases.

How to fill out form purchases?

Form purchases can be filled out manually or electronically by providing details of each purchase made by the business.

What is the purpose of form purchases?

The purpose of form purchases is to track and report the expenses incurred by a business for tax and accounting purposes.

What information must be reported on form purchases?

Form purchases typically requires information such as the date of purchase, vendor name, purchase amount, and any applicable taxes.