Which of the following economic events would not be recorded in the cash receipts journal?

A) Cash sales of merchandise
B) Collections of accounts receivable
C) Cash from sale of land
D) Cash purchases of merchandise

Cash Receipts Journal

A dedicated financial journal that tracks all cash inflows to a business, detailing the source and amount of cash received.

Cash Sales

Transactions where payment is made in cash at the time of the sale.

Cash from Sale

The cash received from selling goods or services.