What do you do with transactions

with similar and repetitive

entries?
SPECIAL JOURNALS
• used for frequent transactions in
a business.
• used to facilitate efficient and
practical recording of similar and
recurring transactions.
 Cash
Cash Receipts
Disbursements
Journal
Journal

Special
Journals

Purchase
Sales Journal
Journal
How do the 4 special journals
differ from each other?
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
-Used to record all sales on credit.

Purchase Journal
-Used to record all purchases on
credit.
Identify what special journal is applicable
for the following transactions:
1. Collected 10,000 from a customer
in payment of his account.

2. Bought 100 pieces of mugs to be

sold in the store amounting to
1,500 on account.
3. Sold 5 pieces of mugs to Mr. Bean,
P320 cash
4. Sold 2 pieces of mugs to Manny
Pacquiao, P112 cash.
5. Purchased office supplies for cash,
P500.
1. Paid P20,000 for monthly rental.

2. Paid salary of staff, P15,000.

3. Sold 100 pieces of mugs to Unitop,

P5,000 on account.
3. Sold 100 pieces of mugs to Unitop,
P5,000 on account.

4. Sold 500 pieces of mugs to

Savemore for P15,000 payable 1
month after delivery.

5. Purchased on account 1,000 pieces

of mug for P12,000.