Sales jour­nal

Jamaica Gleaner - - YL: FEATURE - ROX­ANNE WRIGHT Con­trib­u­tor

THERE IS a sep­a­rate book for each dif­fer­ent type of trans­ac­tion.

They record the im­por­tant de­tails of a trans­ac­tion and do not form a part of the dou­ble-en­try sys­tem. A bill or a re­ceipt is the doc­u­men­tary ev­i­dence of whether a trans­ac­tion is for cash or credit. Source doc­u­ments are used to make en­tries in the books of prime en­try. The move­ment of stock is recorded in the fol­low­ing : - Pur­chases - Sales - Re­turns in­wards - Re­turns out­wards - The move­ment of cash is recorded in the: * Cash book * Petty cash * Other trans­ac­tions are recorded in

the gen­eral ledger.

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