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  • The Following Are The Commonly Used Special Journals

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    Enato Arong Mhona Jane
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    $RUMHERO

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    2 views1 page

    The Following Are The Commonly Used Special Journals

    Uploaded by

    Enato Arong Mhona Jane

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    THE FOLLOWING ARE THE COMMONLY

    USED SPECIAL JOURNALS:


    • Cash Receipts Journal – used to record all cash that has
    been received
    • Cash Disbursements Journal – used to record all transactions
    involving cash payments
    • Sales Journal (Sales on Account Journal) – used to record all
    sales on credit (on account)
    • Purchase Journal (Purchase on Account Journal) – used to
    record all purchases of inventory on credit (or on account)

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