Final answer:
The petty cash payments record is not a special journal that replaces entering these transactions in the two-column journal.
Step-by-step explanation:
The statement is false. The petty cash payments record is not a special journal that replaces entering these transactions in the two-column journal. A petty cash book or petty cash ledger is used to record small cash payments made by a business. It is a separate book from the general journal and is used to track miscellaneous expenses that are not recorded in the main accounting records.