CASH PAYMENTS JOURNAL Record the chart of account reference number underneath each column to be posted to
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CASH PAYMENTS JOURNAL
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Record the chart of account reference number underneath each column to be posted to the general ledger then post the journal totals to the general ledger. Please note predictive text is available for the general ledger details fields. When posting totals to the Bank Account general ledger account from the Cash Payments Journal and the Cash Receipts Journal use the generic terms 'Payments' and 'Receipts' in the details field. When posting from the sales, purchases, cash payments and cash receipts journals, you must enter in the details the opposing debit/credits as per the column headings in the respective journals (e.g. When posting to Accounts Payable 200 from the Cash Payments Journal, the details field will be Bank Account/Discount Received/GST Paid (Outlays)). SALES JOURNAL Page: 10 Hire Freight Collected Invoice Post Lesson GST Accounts Date Account Terms Service No. Ref Income Collected Receivable Income Sand and June 7 3358 Surf N30 SANH 1,008.18 1,800.00 280.82 3,089.00 Holidays Coastal 10/10, 19 3360 COAT 2,016.00 1,080.00 309.60 3,405.60 Tours N30 Waterworld 26 3361 N30 WATW 720.00 1,200.00 192.00 2,112.00 Sports 3,744.18 4,080.00 782.42 8,606.60 Record the chart of account reference number underneath each column to be posted to the general ledger then post the journal totals to the general ledger. Please note predictive text is available for the general ledger details fields. When posting totals to the Bank Account general ledger account from the Cash Payments Journal and the Cash Receipts Journal use the generic terms 'Payments' and 'Receipts' in the details field. When posting from the sales, purchases, cash payments and cash receipts journals, you must enter in the details the opposing debit/credits as per the column headings in the respective journals (e.g. When posting to Accounts Payable 200 from the Cash Payments Journal, the details field will be Bank Account/Discount Received/GST Paid (Outlays)). SALES JOURNAL Page: 10 Hire Freight Collected Invoice Post Lesson GST Accounts Date Account Terms Service No. Ref Income Collected Receivable Income Sand and June 7 3358 Surf N30 SANH 1,008.18 1,800.00 280.82 3,089.00 Holidays Coastal 10/10, 19 3360 COAT 2,016.00 1,080.00 309.60 3,405.60 Tours N30 Waterworld 26 3361 N30 WATW 720.00 1,200.00 192.00 2,112.00 Sports 3,744.18 4,080.00 782.42 8,606.60
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