cash receipts journal
In every business,all the transactions are recorded through the journal.one journal is sufficient to small business concerns to record all the transaction of the business.but in case of big concerns,the journal is sub-divided into various books i.e. Cash book,purchase book,sales book etc. and the transactions relating to the same group are recorded in one and respective book only.In addition to these books,journal is maintained for recording the transaction,not relating to any one of the above books.the book thus maintained is called Journal Proper.This journal proper is similar to the journal in ruling and form. sometimes,journal is sub-divided but all the books are not maintained.then in the journal proper,the transactions relating to the unmaintained journals are also recorded.
Journal of Labor Economics was created in 1983.
Quarterly Journal of Economics was created in 1886.
The Journal of Economic History was created in 1941.
Canadian Journal of Economics was created in 1967.
is a book of first entry in which credit sales invoices are recorded
Invoices are attached to journal vouchers
no entry when invoices received, journal entry made when transaction occured and not when invoices received.
Revenue journal
Revenue Journal
[Debit] Advance expenses [Credit] Cash / bank
outstandindg expences journal entry expences a/c dr to outstanding expences a/c
debit accounts receivablecredit services revenue
a scientific journal is a journal of data recorded from scientist
journal
Transactions recorded in the cash receipts journal are, all receipts of cash.
General Journal