State the list of special journals, Accounting Basics

State the list of Special journals

Purchases - All credit purchases of merchandise

Cash Payments - All payments of cash

Sales - All credit sales of merchandise

Cash Receipts - All receipts of cash

General - All transactions not in a special journal


Posted Date: 9/23/2013 1:42:59 AM | Location : United States

Related Discussions:- State the list of special journals, Assignment Help, Ask Question on State the list of special journals, Get Answer, Expert's Help, State the list of special journals Discussions

Write discussion on State the list of special journals
Your posts are moderated
Related Questions
Q. Explain about business entity concept? A business entity perhaps made up of several different legal entities. For example a large business such as General Motors Corporation

Benefits of Purchases Discounts Purchases Discounts account is used to record discounts given for prompt payment. To prove ACCOUNTS PAYABLE LEDGER , you will look at bala

Present value -- a notion that compares the value of money available in the future with thevalue of money in hand today. For instance $78.35 invested today in a 5% savings accountw

A firm has $200,000 in total assets and $120,000 in owner's equity. What are the total liabilities? A. $80,000 B. $200,000 C. $320,000 D. Cannot be determined from the info

Pattillo Industries makes a product that sells for $25 a unit. The product has a $5 per unit variable cost and total fixed costs of $9,000. At budgeted sales of 1,000 units, the

Find the balance at the end of 6 years of $5000 investment in an account with a nominal annual rate of interest of 2.5% compounded quarterly over the first two years and then gro

SCENARIO In May of the current year, your employer received a PIER report from the CRA that identified Canada Pension Plan (CPP) contribution deficiencies for employees in the org

Q. Prepare a source document? A source document typically supports the evidence of the transaction. A source document is any printed or written evidence of a business transacti

Q. Show Adjustments for deferred items? This segment discusses the two types of adjustments for deferred items asset/expense adjustments and liability/revenue adjustments. In t

What are the golden rule of accounting how to pass journal entry when strating bussines what