Special Journals & Subsidiary Ledgers

Used to record and post similar types of transactions more efficiently.

• Special Journal

• Subsidiary Ledger

• General Ledger

• General Journal

Record sales of merchandise on credit in the

• Sales Journal

• Purchases Journal

• Cash Receipts Journal

• Cash Payments Journal

• General Journal

Purchases of Merchandise on credit are recorded in the

• Sales Journal

• Purchases Journal

• Cash Receipts Journal

• Cash Payments Journal

• General Journal

Sold goods listed at $2,000 to customer

• Purchase Journal

• Sales Journal

• Cash Receipts Journal

• General Journal

Customer returned goods as the goods are defected

• Sales Journal

• Purchase Journal

• Cash Receipts Journal

• Cash Payments Journal

• General Journal

In what journal would you record a cash sale?

• Sales Journal

• General Journal

• Purchases Journal

• Cash Receipts Journal

What Journal would you record the transaction on this source document in? (Check received by our company)

• Sales Journal

• Purchase Journal

• Cash Receipt Journal

• Cash Payment Journal

• General Journal

What Journal would you record the transaction on this source document in? (Check written by our company)

• Sales Journal

• Purchase Journal

• Cash Receipt Journal

• Cash Payment Journal

• General Journal

A subsidiary ledger containing only accounts for vendors from whom items are purchased by our company on account.

• accounts payable ledger

• accounts payable account

• accounts receivable ledger

• accounts receivable account

A subsidiary ledger containing only accounts for our company's charge customers.

• accounts payable account

• accounts payable ledger

• accounts receivable accounts

• accounts receivable ledger