Tuesday, March 24, 2015

Special Journals

In class students were introduced to a number of new journals they will encounter while recording transactions for a merchandising corporation:

1) Sales Journal
2) Cash Receipts Journal
3) Purchases Journal
4) Cash Payments Journal

*The General Journal will still be used, but sparingly, going forward for transactions that cannot be recorded in one of the above journals.

The notes are attached and the homework is listed below.

Notes - Special Journals - Sales and Cash Receipts

HW - Finish/Submit any missing work by Friday, March 27th

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