What are some of the most popular specific journals?
What are some of the most popular specific journals?
What is a specific journal?
A specific journal is a type of primary journal. suitable for businesses that have a large number of transactions
So what are some specific journals that are commonly used?
1) Purchase journal will be used to record purchases in the form of credit
2) Sales Journal will be used to record sales transactions in the form of credit
3) Return journal with discounts will be used to record the return item with the discount Only purchase products in the form of credit
4) Rebate journal with discounts will be used to record product returns and discounts Only selling products in the form of credit
5) Received cash journal will be used to record cash receipts
6) Paid Cash Journal will be used to record cash transactions
7) The cash book records both cash receipts and expenditures.
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