Đang chuẩn bị nút TẢI XUỐNG, xin hãy chờ
Tải xuống
Chapter 15 - The sales journal. After completing this chapter, students will be able to: Record sales of merchandise on credit in a sales journal; total, prove, and rule the sales journal; post from the sales journal. | CHAPTER FIFTEEN THE SALES JOURNAL 1. Record sales of merchandise on credit in a sales journal. 2. Total, prove, and rule the sales journal. 3. Post from the sales journal. THE SALES JOURNAL Chapter Outcomes: 15- Recording Transactions in the Sales Journal One way to reduce the repetition in journalizing and posting is to have a special journal for all sales of merchandise on credit. This special journal is called a sales journal. 15- Advantages to using the Sales Journal All entries for sales of merchandise on credit are grouped in one place. Important facts about each transaction are written on a single line. 15- Advantages to using the Sales Journal (continued) There is no need to enter account titles or to write a long explanation for each transaction. The Sales Journal allows for great division of labor–one person can be put in charge of entering sales. 15- Posting From the Sales Journal Posting is simplified using the Sales journal. Money columns are . | CHAPTER FIFTEEN THE SALES JOURNAL 1. Record sales of merchandise on credit in a sales journal. 2. Total, prove, and rule the sales journal. 3. Post from the sales journal. THE SALES JOURNAL Chapter Outcomes: 15- Recording Transactions in the Sales Journal One way to reduce the repetition in journalizing and posting is to have a special journal for all sales of merchandise on credit. This special journal is called a sales journal. 15- Advantages to using the Sales Journal All entries for sales of merchandise on credit are grouped in one place. Important facts about each transaction are written on a single line. 15- Advantages to using the Sales Journal (continued) There is no need to enter account titles or to write a long explanation for each transaction. The Sales Journal allows for great division of labor–one person can be put in charge of entering sales. 15- Posting From the Sales Journal Posting is simplified using the Sales journal. Money columns are pencil-footed and the totals are posted to the appropriate accounts. 15- Posting From the Sales Journal (continued) The single posting to each account saves time and reduces the possibility of error. 15- Accounting Terminology Cross-footing Posting reference S Sales journal Special journal 15- Chapter Summary The sales journal is a special journal that is used for recording sales of merchandise on credit. It allows a business to save time and avoid repetition in the journalizing and posting of its credit sales. 15- Chapter Summary (continued) The Sales Journal organizes, in one place, all the information about credit sales. The columns further organize all the information for one transaction on a single line. The information needed for entries in the sales journal is taken from copies of the sales invoices or from copies of the sales slips. 15- Chapter Summary (continued) At the end of the month, the figures in the sales journal are added. The column totals are posted to the