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  • Relationship of Special Journals and General Journal

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    Kimberly Simbahan
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    8 views1 page

    Relationship of Special Journals and General Journal

    Uploaded by

    Kimberly Simbahan

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Relationship of Special Journals and General Journal

    TRANSACTIONS: JOURNALS: CONTENTS DESCRIBED:


    1. Buying PURCHASES ON All purchases of
    ACCOUNT JOURNAL merchandise on
    account.
    2. Cash Payments CASH PAYMENTS All cash payments
    JOURNAL
    3. Selling SALES ON All sales of
    ACCOUNT JOURNAL merchandise on
    account.
    4. Cash Receipts CASH RECEIPTS All cash receipts.
    JOURNAL
    5. Miscellaneous GENERAL Miscellaneous
    JOURNAL transactions that
    cannot be recorded in
    the four special
    journals.

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