Week 4 Special Journals

Week 4 Special - Now lets look at how we use special journals in accounting Special Journals in Accounting Sales Journal For recording credit sales

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12/10/10 Now, let’s look at how we use special journals in accounting. C 3
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12/10/10 Special Journals in Accounting General Journal For transactions not in special journals Cash Disbursement s Journal For recording cash payments Purchases Journal For recording credit purchases Cash Receipts Journal For recording cash receipts Sales Journal For recording credit sales C 3
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12/10/10 Here is the Sales Journal after recording some additional sales. Sales Journal P 1
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12/10/10 GENERAL LEDGER Accounts Receivable No. 106 Date PR Debit Credit Balance Jan. 31 S1 1,700 1,700 Sales No. 413 Jan. 31 S1 1,700 1,700 Sales Journal P 1
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12/10/10 GENERAL LEDGER Accounts Receivable No. 106 Date PR Debit Credit Balance Jan. 31 S1 1,700 1,700 Sales No. 413 Jan. 31 S1 1,700 1,700 Sales Journal P 1
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12/10/10 Proving the Ledgers GENERAL LEDGER Accounts Receivable No. 106 Date PR Debit Credit Balance Jan. 31 S1 1,700 1,700 Barry's Bikes Schedule of Accounts Receivable January 31 Jim Carson 600 $ Tom Talley 900 Sue Wright 200 Total accounts receivable 1,700 $ The Accounts Receivable controlling account and the subsidiary ledger are in balance.
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This note was uploaded on 12/09/2010 for the course ACCT 201 taught by Professor Tracyedmond during the Fall '10 term at Park.

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Week 4 Special - Now lets look at how we use special journals in accounting Special Journals in Accounting Sales Journal For recording credit sales

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