The Different Types Of Journals Or Books Of Prime or Original Entry Shown In The Accounting Cycle

November 25th, 2008 Comments off
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Journal is also called the Book Of Prime Or Original Entry.


The purposes of Journal are as follows:


  • Records in one place the complete effects of a transaction
  • Provides a chronological record of transaction
  • Helps to prevent or locate errors because the debit and credit amounts  for each entry could be readily compared



The Standard form and Content of journal entries are as follows:


  • Date
  • Name of account to be debited and the amount
  • Name of the account to be credited and the amount
  • Description and explanation of the transaction ( ie narrative)
  • Reference number for the source documents giving proof of the transaction



( Journalizing is a term used to mean the entering transaction data in the journal )


Click to respective Journal:


Cash Receipts Journal

Cash Payments Journal

Purchases Journal

Sales Journal

General Journal

{Click here to go  to Content Page on all other articles on Books of Original Entry}


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Financial Accounting


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