Day book revision Flashcards
1
Q
Sales day book
A
DR RLCA, CR Sales, CR VAT
2
Q
Purchases day book
A
DR Purchases, DR VAT, CR PLCA
3
Q
Cash receipts book
A
DR CRB, CR income and liability accounts
4
Q
Cash payments book
A
DR expense and asset accounts, CR CPB
5
Q
Petty cash book
A
Dr PCB (imprest or top up), CR Bank (CPB),
DR Expense accounts, CR PCB (when we buy things)
6
Q
Sales returns day book
A
DR sales returns, DR VAT, CR RLCA
7
Q
Purchase returns day book
A
DR PLCA, CR VAT, CR purchase returns
8
Q
Discounts allowed day book
A
DR Discounts allowed, DR VAT, CR RLCA
9
Q
Discounts received day book
A
DR PLCA, CR VAT, CR discounts received
10
Q
List the books of prime entry
A
SDB, PDB, SRDB, PRDB, CPR, CRB, PCB, DADB, DRDB
