diferent journals Flashcards
1
Q
sales returns journal
A
Where Goods returned by a customer on credit is recorded (issued a credit note)
2
Q
sales journal
A
Where sales amde to customers on credit are recorded
3
Q
purchases journal
A
Where purchases on credit are recorded
4
Q
purchases retutrns journal
A
Where goods returned to supplier on credit are recorded ( received a credit note)
5
Q
cash book
A
The cash book is split up unto cash receipted and cash payments
6
Q
Cash recipes ( receivables )
A
Where payment received from customers is recorded
7
Q
Cash payments ( payables)
A
Where cash purchases and paid items are recorded
8
Q
general journal
A
Where any other transaction that are not entered in the cash book are recorded
9
Q
A
