Books of Prime Entry

  • Before entries are transferred to a ledger, transactions are recorded in books of prime entry. These record goods sold on credit, goods purchased on credit, sales returns, and purchase returns. These help in summarizing accounting information and are useful when preparing control accounts.
  • There are seven books of prime entry: General Journal, Cash book, Petty Cash book, Sales Journal, Sales Return Journal, Purchase Journal, and Purchase Returns Journal.
NAMECONTAINS
Sales Journal
(Taken from Invoice Sent)
Name of business goods are sold to
Amount of transaction
Date of transaction
Sales Returns Journal
(Taken from Credit Notes Sent)
Name of business which returns goods
Amount returned
Date returned
Purchase Journal
(Taken from Invoice Received)
Name of business goods are purchased from
Amount of transaction
Date of transaction
Purchase Returns Journal
(Taken from Credit Notes Received)
Name of business goods are returned to
Amount returned
Date returned


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