Fundamental Accounting Principles
23rd Edition
ISBN: 9781259536359
Author: John J Wild, Ken Shaw Accounting Professor, Barbara Chiappetta Fundamental Accounting Principles
Publisher: McGraw-Hill Education
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Chapter 7, Problem 7E
To determine
Concept Introduction:
Types of Journal: There are two types of journal in which a transaction is reflected or recorded.
The two types of journals are –
• Special Journals that includes, sales journal, purchase journal, cash receipts journal and cash payment journals. All the transactions related to the type of journal are recorded in the respective journal
• General Journal includes all the transactions other than the above mentioned transactions are recorded in this journal.
To identity:
The journals in which the April Transactions that would be recorded.
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Fundamental Accounting Principles
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