COURSE:

BSBFIA303

CONTEXT:

You work for a confectionery store and have to enter the following transactions.

QUESTION:

Which financial journal should you use?

1. A customer pays for $130 worth of lollies by cheque.
2. The tenant who uses the storage shed pays $300 in rent.
3. A customer buys $1,000 worth of lollies, telling the sales clerk to put it on their account.
4. The customer realises they only needed $600 worth of lollies. The owner agrees to allow them to return the surplus for a refund.
5. The organisation purchases nougat from the confectionery supplier.