The correct answer is:
C. orders made by the business on credit or account
Explanation:
1. The purchases journal records all purchases made by the business on credit or account. This includes transactions where the business receives goods or services without immediately paying for them in cash.
2. This journal is specifically used to track purchases made on credit terms, ensuring proper documentation and accounting of these transactions.
3. Orders made by the business and not immediately paid for with cash are the ones recorded in the purchases journal, distinguishing them from cash transactions.
Therefore, option C, which states "orders made by the business on credit or account," is the correct choice for what is recorded in the purchases journal.
