
Concept explainers
(a)
Special journal: The special journal is the journal which is prepared according to the needs of the business. This is a journal which is used to record the transactions which occur the most in the business. Generally, these are cash receipts journal, cash payments journal, sales journal, and purchases journal.
General Journal: A general journal records those entries which are not recorded in the special journal. The entries which are frequent in the business are recorded in the special journal. Rest of all the entries are recorded in the general journal like the closing
To Determine: Journal in which the transaction (a) is recorded.
(b)
Journal in which the transaction (b) is recorded.
(c)
Journal in which the transaction (c) is recorded.
(d)
Journal in which the transaction (d) is recorded.
(e)
Journal in which the transaction (e) is recorded.
(f)
Journal in which the transaction (f) is recorded.

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