Subdivisions of Journal

Subdivisions of journal are the division of journal in parts. Subdivisions of Journal are beneficial because it reduces the pressure on other journals. Subdivisions of Journal are Special Journal and General Journal.

Sales Returns Book

Sales Returns Book: Learning Objectives: Define and explain sales return book. What is a credit note? Prepare a sales returns book and post into ledger. Definition and Explanation: Sales returns book is also called returns inwards book. It is used for recording goods returned