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- There are seven different types of accounting journals123:
- Purchase Journal: Records credit purchases of merchandise.
- Sales Journal: Records credit sales of merchandise.
- Cash Receipts Journal: Records cash received.
- Cash Disbursements Journal: Records cash payments.
- Purchase Returns Journal: Records returns of purchased items.
- Sales Returns Journal: Records returns of sold items.
- General Journal: Used for various other transactions23.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.There are seven different types of journals: purchase, purchase returns, cash receipts, cash disbursements, sales, sales returns, and general.www.financestrategists.com/accounting/general-jo…7 Types of Accounting Journals: Explained with Examples
- Purchase Journal The special journal used for recording the credit purchase of merchandise is called a purchase journal.
www.iedunote.com/types-of-accounting-journalThe Books of First Entry
- 1. Cash Receipts Journal (CRJ)
- 2. Cash Payments Journal (CPJ)
- 3. Sales Journal (SJ)
- 4. Sales Returns Journal (SRJ)
- 5. Purchases Journal (PJ)
www.accounting-basics-for-students.com/accounti… - People also ask
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