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Indicate in the table below where each of the following transactions would be posted by ticking () the proper column. Sales Journal Purchase Journal Return
Indicate in the table below where each of the following transactions would be posted by ticking () the proper column.
| Sales Journal | Purchase Journal | Return Inward Journal | Return Outwards Journal | General Journal |
Made sale on credit. |
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Paid water bills by cheque. |
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Made cash purchases. |
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Purchased goods on credit. |
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Bought equipment on credit. |
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Collections from debtors. |
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Returned some of the goods purchased earlier on credit. |
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Year-end adjustments for accruals and prepayments. |
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(4 marks)
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