Journals

What does the purchases journal record?

• Credit Sales

• Cash Purchases

• Credit Purchases

• Cash Sales

What does the cash book record?

• Cash records

• Credit records

• Cash and Bank Records

• Journal Entries

What does the Sales Journal record?

• Credit Sales

• Credit Purchases

• Cash Sales

• Cash Purchases

The Journal that records all other transactions that is not recorded in the other journals is known as what?

Returns are recorded in what?

• Ledgers

• Journals

• Journals and Ledgers

• Journal but Specific Ledgers

What are the names of all the journals in book-keeping?

Which of the following are the ledgers in accounting?

• Sales Ledger

• Purchases Ledger

• Return In and Out Ledger

• General Ledger

A customer returning a good to us is classed as?

• Return Inward

• Return Outward

• Sale

• Purchase

A good returned to a supplier is classed as?

• Return Inward

• Sale

• Purchases

• Return Outward

A customer buying a good from our business will be recorded in the purchases journal and purchases ledger True or False?

• True

• False