The recording of transactions where cash is received is documented in which journal?

The correct answer is the Cash Receipts journal. This journal is specifically designed for recording transactions in which cash is received by the business. Each entry in the Cash Receipts journal captures details such as the date of the transaction, the source of the cash, and the amount received.

In the context of accounting, the Cash Receipts journal serves a distinct purpose by tracking all cash inflows, making it essential for maintaining accurate financial records. This allows businesses to easily monitor their cash flow and identify how and when cash is acquired.

In contrast, the Purchases journal is used to record purchases made on credit, without any cash transaction occurring at that moment. The Sales journal is typically meant for documenting sales made, particularly those involving credit rather than straightforward cash transactions. Similarly, the General journal is used for miscellaneous entries that do not specifically pertain to cash transactions, purchases, or sales. Therefore, among the choices, the Cash Receipts journal is the only one dedicated to documenting instances where cash is received.