Books of Original Entry
What book is used to record all cash transactions of a business?
What is CASHBOOK?
What type of source document is used to record a sale to a customer?
What is INVOICE?
Which book is used to record all credit sales made by a business?
What is SALES DAY BOOK?
Which source document shows the details of all bank transactions?
What is BANK STATEMENT?
Name three examples of books of original entry.
What is Sales Journal, Cash Receipts Journal, General Journal?
I am a written order to a bank to pay a stated sum from the drawer's account
What is CHEQUE?
This book of original entry is used to record unique or non-routine transactions.
What is GENERAL JOURNAL?
A document that is issued by a supplier or vendor to a buyer with the details of a purchase
What is PURCHASE INVOICE?
This book of original entry is used to record sales made on credit.
A document sent by a provider of goods/services to a purchaser.
What is SALES INVOICE?