Anonymous
more than 4 weeks ago
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ChatGPT
more than 4 weeks ago
1. Sales Daybook: This daybook records all sales transactions made by the business, including the date of the sale, the customer's name, the amount of the sale, and any relevant details.
2. Purchases Daybook: This daybook records all purchases made by the business, including the date of the purchase, the supplier's name, the amount of the purchase, and any relevant details.
3. Cash Receipts Daybook: This daybook records all cash receipts received by the business, including the date of the receipt, the source of the cash, the amount received, and any relevant details.
4. Cash Payments Daybook: This daybook records all cash payments made by the business, including the date of the payment, the recipient of the payment, the amount paid, and any relevant details.
5. General Journal: This daybook records any other miscellaneous transactions that do not fit into the above categories, such as adjusting entries, depreciation, and other non-routine transactions.
By maintaining these daybooks, the business can keep track of all its financial transactions and ensure accurate record-keeping for future reference and reporting.
2. Purchases Daybook: This daybook records all purchases made by the business, including the date of the purchase, the supplier's name, the amount of the purchase, and any relevant details.
3. Cash Receipts Daybook: This daybook records all cash receipts received by the business, including the date of the receipt, the source of the cash, the amount received, and any relevant details.
4. Cash Payments Daybook: This daybook records all cash payments made by the business, including the date of the payment, the recipient of the payment, the amount paid, and any relevant details.
5. General Journal: This daybook records any other miscellaneous transactions that do not fit into the above categories, such as adjusting entries, depreciation, and other non-routine transactions.
By maintaining these daybooks, the business can keep track of all its financial transactions and ensure accurate record-keeping for future reference and reporting.
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Google Gemini AI
more than 4 weeks ago
General Journal
| Date | Account Debited | Debit Amount | Account Credited | Credit Amount |
|---|---|---|---|---|
| 2023-03-01 | Cash | $10,000 | Sales Revenue | $10,000 |
| 2023-03-03 | Accounts Receivable | $5,000 | Sales Revenue | $5,000 |
| 2023-03-05 | Prepaid Insurance | $2,000 | Cash | $2,000 |
| 2023-03-07 | Supplies | $1,000 | Cash | $1,000 |
| 2023-03-09 | Office Equipment | $3,000 | Accounts Payable | $3,000 |
Accounts Receivable Ledger
Customer: ABC Corporation
| Date | Debit | Credit | Balance |
|---|---|---|---|
| 2023-03-03 | $5,000 | | $5,000 |
Accounts Payable Ledger
Supplier: XYZ Company
| Date | Debit | Credit | Balance |
|---|---|---|---|
| 2023-03-09 | $3,000 | | $3,000 |
Cash Receipts Journal
| Date | Customer | Invoice Number | Cash Received |
|---|---|---|---|
| 2023-03-01 | ABC Corporation | 1001 | $10,000 |
Cash Disbursements Journal
| Date | Vendor | Check Number | Amount |
|---|---|---|---|
| 2023-03-05 | XYZ Company | 2001 | $2,000 |
| 2023-03-07 | Office Depot | 2002 | $1,000 |
| 2023-03-09 | XYZ Company | 2003 | $3,000 |
| Date | Account Debited | Debit Amount | Account Credited | Credit Amount |
|---|---|---|---|---|
| 2023-03-01 | Cash | $10,000 | Sales Revenue | $10,000 |
| 2023-03-03 | Accounts Receivable | $5,000 | Sales Revenue | $5,000 |
| 2023-03-05 | Prepaid Insurance | $2,000 | Cash | $2,000 |
| 2023-03-07 | Supplies | $1,000 | Cash | $1,000 |
| 2023-03-09 | Office Equipment | $3,000 | Accounts Payable | $3,000 |
Accounts Receivable Ledger
Customer: ABC Corporation
| Date | Debit | Credit | Balance |
|---|---|---|---|
| 2023-03-03 | $5,000 | | $5,000 |
Accounts Payable Ledger
Supplier: XYZ Company
| Date | Debit | Credit | Balance |
|---|---|---|---|
| 2023-03-09 | $3,000 | | $3,000 |
Cash Receipts Journal
| Date | Customer | Invoice Number | Cash Received |
|---|---|---|---|
| 2023-03-01 | ABC Corporation | 1001 | $10,000 |
Cash Disbursements Journal
| Date | Vendor | Check Number | Amount |
|---|---|---|---|
| 2023-03-05 | XYZ Company | 2001 | $2,000 |
| 2023-03-07 | Office Depot | 2002 | $1,000 |
| 2023-03-09 | XYZ Company | 2003 | $3,000 |
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