Common transactions are summarized in special journals and posted to the

Common transactions are summarized in special

This preview shows page 5 - 13 out of 45 pages.

Common transactions are summarized in special journals and posted to the general ledger as totals (not as individual transactions) Reduces detail (clutter) in general ledger Improved efficiency 我们之前了解到,交易已输入普通日记帐,并单独过帐到总帐 最常见的商业交易可以记录在特殊期刊中(参见教科书的第 8 - 328 页) 常见交易在特殊期刊中汇总,并作为总计(而不是单个交易)过帐到总帐 减少总帐中的细节(杂乱) 提高效率
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Types of Special Journals S 6 Types of Special journals Sales journal (SJ) Sales on credit terms Usual entry: Dr. Accts Receivable Cr. Sales Rev Purchases journal (PJ) Purchase of inventory on credit terms Usual entry: Dr. Inventory Cr. Accounts Payable Cash receipts journal (CRJ) Receipt of cash Usual entry: Dr. Cash Cr. Sales or A/R or Interest Cash payments journal (CPJ) Payment of cash Usual entry: Dr. Wages & other exps Cr. Cash Special journals do NOT eliminate the needs for general journals!!! 特殊账目不会消除对一般账目的需求 Use general journals to record transactions that do not belong to the four special journals, Example Depreciation Sales and purchase returns Credit transactions NOT related to inventory, eg credit purchase of equipment Adjusting, closing, and reversing entries (Topic 3)
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Control Accounts and Subsidiary Ledgers S 7 Special journals are used in conjunction with subsidiary ledgers Subsidiary ledger contains more detailed information concerning one general ledger account (e.g., Acc receivable) Typically use subsidiary ledgers for individual debtors, creditors, and inventory items Relevant general ledger account is called a control account (e.g., Accounts Receivable Control Account) 附属分类帐包含 有关一个总分类 帐帐户的更详细 信息(例如,应 收账款) 通常使用个别债 务人,债权人和 存货项目的附属 分类账 相关总分类帐帐 户称为控制帐户 (例如,应收帐 款控制帐户)
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Control Accounts and Subsidiary Ledgers S 8 Examples of general ledger accounts that have subsidiary ledgers are: Debtors / accounts receivable: a separate account for each debtor 债务人 / 应收账款:每个债务人的单独账户 Creditors / accounts payable: a separate account for each creditor Property, plant and equipment : separate records of each piece of property, plant and equipment Raw materials inventory : separate records of each type of raw material held Finished goods inventory : separate records of each type of finished goods held.
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Example: Sales Transactions S 9 Record the following sales transactions: DATE INV CUSTOMER NAME Selling PRICE 5 July 001 M. Andrews $100,000 5 July 002 T. Blake $300,000 5 July 003 A. Crawford $500,000
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If Recorded Using General Journal and Posted to General Ledger S 10 Repetitive nature of the journal for such daily transactions!! 这种日常交易的期刊的重复性 !!
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(A) Sales Journal S 11 These transactions can be recorded in a special journal named the Sales Journals Sales journal records credit sales of inventory (goods the business trades in) Typical Procedure: Enter date of sale, invoice number, customer name and amount of sale (from sales invoice) Post information to related customer account in subsidiary ledger on a daily basis Post “month end” totals to General Ledger 这些交易可以记 录在名为 Sales Journals 的特殊 期刊中 销售日记记录 库存的信用销售 (业务交易的商 品) 典型程序: 输入销售日期, 发票号,客户名 称和销售额(来 自销售发票) 每天将信息发布 到子分类帐中的 相关客户帐户 将“月末”发布到 总帐管理系统
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