Purchases Journal/ Day Book ( worksheet / Guidelines for students/ instructions with answers step by step)
Lesson Objective:
- To post entries of credit purchases to purchases journal
- To identify the double entry for credit purchases
- To classify the ledgers as purchases ledger and general / nominal ledger
- To post entries to the ledgers with date, details and amount
- Balance off the ledgers as bal c/d and bal b/d
- Transfer the closing balance of the ledgers to the trial balance
Vocabulary:
1. Credit purchases
2. Trade payables
3. Purchases ledger
4. General/ Nominal Ledger
5. Trial balance
6. Debit
7. Credit
8. Balance brought down/ bal b/d
9. Balance carried down / bal c/d
Lesson Objective:
- To post entries of credit purchases to purchases journal
- To identify the double entry for credit purchases
- To classify the ledgers as purchases ledger and general / nominal ledger
- To post entries to the ledgers with date, details and amount
- Balance off the ledgers as bal c/d and bal b/d
- Transfer the closing balance of the ledgers to the trial balance
Vocabulary:
1. Credit purchases
2. Trade payables
3. Purchases ledger
4. General/ Nominal Ledger
5. Trial balance
6. Debit
7. Credit
8. Balance brought down/ bal b/d
9. Balance carried down / bal c/d
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