Describe the following books of original entry and explain how the information contained in each book is transferred to the Sales Ledger, the Purchases Ledger and the General ledger

QUESTION 2

Describe the following books of original entry and explain how the information contained in each book is transferred to the Sales Ledger, the Purchases Ledger and the General Ledger

1. Sales Day Book
2. Purchases Day Book
3. Returns Inwards Day Book
4. Returns Outwards Day Book
5. Cash Book

(25 MARKS)

a) Sales Day Book
b) Purchases Day Book
c) Returns Inwards Day Book
d) Returns Outwards Day Book
e) Cash Book

(25 MARKS)