PS Books of prime entry

Identify

100

Credit purchase is recorded

Purchase Journal

200

When the seller receives goods returned by the buyer

Sales Return Journal

300

what is another name for the Sales day book?

Sales journal

400

Which ledger shows the records of the supplier's personal accounts?

Purchases ledger

500

This book records cash receipts and payments.

Cash book

True of False

100

We record goods sold to Amira for cash in the Sales journal.

True 

False

False.

200

The sales ledger account is a nominal account.

True

False

True 

300

The accounts for customers are kept in the sales ledger.

True

False

True

400

We record the credit notes received in the Sales return journal.

True

False 

False.

500

The purchase return journal records the value of goods returned to a supplier.

True

False

True

Name the following

100

This column connects Books of original entry to ledgers.

Folio

200

This book keeps track of small cash expenses.

Petty cash book

300

This book records anything that the other ledgers don't.

General journal

400

This journal records the credit invoices we receive.

Purchase journal.

500

This business document is used to record transactions in the Sales return journal.

Credit note