Book of original entry use to record credit sales of inventory
What is the sales day book?
Cash is used for these purposes?
what is to record cash and bank transactions?
These transactions are recorded in the sales book
What are sales of inventory on credit?
These are recorded in purchases book
What is purchases of inventory on credit?
Definition of a source document
What is "to provide evidence of a transaction'?
Book of original entry to record cash purchases
What is the cash book?
The two main types of cash book
what are two- column and three- column cash book?
Another name for the sales book
What is sales journal?
This is another name for purchases day book
What is purchases journal?
This source document is used to record credit sales
What is a sales invoice?
Book of original entry used to record credit purchases of inventory
What is the purchases day book?
The cash book that records cash discounts
What is the three-column cash book?
To record credit sales in sales ledger
What is debit customer account?
How credit purchases recorded in the suppliers' account
What is credit in the purchases ledger?
This source document is used to pay cash from a bank account.
What is a cheque?
Book of original entry to record cash receipts
What is the cash book?
These transactions are recorded on the debit side of the cash book
What are receipts?
The entry and the ledger to record total sales
What is credit sales account in general ledger?
To record total credit purchases
What is debit in the purchases account in the general ledger?
This source document shows goods returned by a customer
What is a credit note?
Book of original used for odd trnsactions
What is the general journal?
The purpose of a contra entry in the cash book?
What is to record transactions affect both cash and bank at the same time?
These sales are NOT recorded in the sales daybook
What are sales of FIXED assets?
These purchases are NOT recorded in the purchases book
What is purchases of FIXED assets on credit?
Used to record goods purchased on credit
What is purchase invoice?