Book of Accounts

This is the book of original entry.

• ledger

• special journal

• subsidiary ledger

• general journal

This is the book of final entry.

• general journal

• general ledger

• subsidiary ledger

• special journals

This is used to record purchases on account.

• sales journal

• purchase journal

• general journal

• cash receipts journal

This is used to record sales on credit.

• cash disbursement journal

• purchase journal

• sales journal

• ledger

This is used to record cash receipts.

• ledger

• cash receipts journal

• cash disbursement journal

• journal

This is used to record cash payments.

• cash disbursement journal

• cash receipts journal

• purchase journal

• sales journal

This type of entry involves only two accounts: one debit and one credit.

• compound entry

• dual entry

• simple entry

• A. jumbled entry

It is an entry that requires three or more accounts.

• compound entry

• dual entry

• simple entry

• A. jumbled entry

This is the type of special journal where official receipts from suppliers as proof of payment may be found.

• cash disbursement journal

• cash receipt journal

• purchase journal

• sales journal

A cash disbursement journal or cash payments journal is not used to record this transaction.

• purchase of merchandise for cash

• purchase of merchandise on account

• all cash received

• payment to creditors and suppliers