Debtors Journal (Grade 10 NSC Matric Accounting): Flashcards
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Debtors journal definition
Debtors journal definition
Subsidiary book recording all credit sales
Debtor definition
Debtor definition
Person/business owing money from credit purchases
Document number in debtors journal
Document number in debtors journal
Invoice number
Posting frequency: individual debtor accounts
Posting frequency: individual debtor accounts
Daily
Posting frequency: totals to General Ledger
Posting frequency: totals to General Ledger
Monthly
Mark-up definition
Mark-up definition
Percentage added to cost price to get selling price
Debtors allowances journal records what?
Debtors allowances journal records what?
Returns of goods and allowances granted to customers
Document in debtors allowances journal
Document in debtors allowances journal
Credit note
Column replacing 'Sales' in allowances journal
Column replacing 'Sales' in allowances journal
Debtors Allowances
Six columns in debtors journal
Six columns in debtors journal
Doc, Day, Debtors, Fol, Sales, Cost of sales
