Accounting
Books of original entry
1.
2.
3.
4.
5.
6.
7.
Sales day book – credit sales
Purchases day book- credit purchases of goods for resale
Sales returns day book- sales returns by customers
Purchase returns day book – purchases returns to suppliers
Cash book ( cash + bank account) – cash & cheque received and paid
Petty cashbook- small cash payment
Journal (General Journal) – other items
1. For each of following transactions, state book of original entry to be used:Paid carriage inwards
- cash book
Sold goods on credit to Robert (credit sales)
- sales journal
Cash sales
- cash book
Cash purchases
- cash book
Received cash from customers
- cash book
Cheques paid to suppliers
- cash book
Owner withdrew cash for personal used
- cash book
Bought a motor car for used on credit
- general journal
Returned goods to a suppliers
- purchases returns journal
Goods returned from a customer
- sales returns journal
Credit purchase from Peter
- purchases journal
Sold goods to Amy and received cash
- cash book
Paid advertising expenses
- cash book
Bought a computer for cash
- cash book
1
Accounting
2.
Helen commenced retail textile shop with cash
Purchased goods on credit from Ruby Store
Sold goods on credit to Henry
Sold goods for cash
Purchased stationery for resales on credit from Peter
Paid for fire insurance
Received cash from Martin
Sold goods on account to Brown (on credit)
Purchased office furniture for cash
Returned goods from Henry
Paid Ruby Store in settlement of the account
Paid rent
3.
Sales of goods on credit
- sales journal
Car purchased on credit for business use
- general journal
Goods purchased on credit
- purchases journal
Purchases of goods sent back to suppliers
- purchases returns journal
Received cheque from Shan
- cash book
2
Accounting
Source documents
1.
2.
3.
4.
5.
Purchases order – prepared by buyer (to order goods)
Invoice – issued by seller ( sales on credit)
Credit note – issued by seller ( returns of goods)
Statement of account – issued by seller (at the end of month)
Receipts – issued by seller (receive of cash & cheque)
3