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Purchase invoice no - PowerPoint PPT Presentation

LESSON 9-1

LESSON 9-1. Journalizing Purchases Using a Purchases Journal. Service VS. Merchandising Business. Service Business Sell services for a fee TechKnow Consulting Merchandising Business Purchase and sell goods Merchandise Goods that a business purchases. Special Journals.

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Recording Transactions Using a General Journal

Recording Transactions Using a General Journal. General Journal. General Journal A journal where all types of entries can be recorded. There are only two amount columns and used when the business cannot attribute the account to any of the special journals. . Purchases Returns and Allowances.

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Purchase invoice no - PowerPoint PPT Presentation

LESSON 9-1

Recording Transactions Using a General Journal