Special Journals

Question 1

The Sales Journal is used to record

Accepted Answer

credit sales of goods only — The Sales Journal records credit sales of goods only.

Question 2

Credit purchases of goods are recorded in the

Accepted Answer

Purchases Journal — The Purchases Journal records credit purchases of goods.

Question 3

Sales returns are recorded in the

Accepted Answer

Returns Inwards Journal — Sales returns (goods returned by customers) go into the Returns Inwards Journal.

Question 4

The source document for the Sales Journal is the

Accepted Answer

sales invoice — The sales invoice is the basis for entries in the Sales Journal.

Question 5

A credit note issued to a customer is recorded in the

Accepted Answer

Returns Inwards Journal — A credit note is issued when a customer returns goods — recorded in the Returns Inwards Journal.

Question 6

Purchases returns to a supplier are recorded in the

Accepted Answer

Returns Outwards Journal — Goods returned to suppliers are recorded in the Returns Outwards Journal.

Question 7

The total of the Sales Journal is posted to the

Accepted Answer

credit of the Sales account — The total credit sales are posted to the credit of the Sales account (income increases).

Question 8

The Sales Journal totals RM3,500. How much is posted to the individual customer accounts?

Accepted Answer

RM3,500 debited to the customers' accounts — Each customer is debited in their account because they owe money; the total is RM3,500.

Question 9

Which of the following is not recorded in a special journal?

Accepted Answer

Sale of goods for cash — Cash sales are recorded in the Cash Book, not a special journal.

Question 10

The Purchases Journal shows: 5 Jun RM900, 12 Jun RM1,100, 20 Jun RM600. How much is posted to the Purchases account?

Accepted Answer

RM2,600 — 900 + 1,100 + 600 = RM2,600 posted to the debit of the Purchases account.

Date	Customer	Amount (RM)
3 May	Sinar Store	1,200
9 May	Ms Rani	800
Transferred to Sales account		2,000