Day Books Books of First Entry Prime Books

Documents Day Books Ledgers Trial Balance Trading, Profit & Loss A/C Balance Sheet

Documents – Day Books • • • • • • • • • •

Documents

Purchases Invoices Sales Invoices Purchases Credit Notes Sales Credit Notes Cash Receipts Cash Payments Cheques Bank Statement Petty Cash Voucher Other • • • • • • • •

Day Books

Purchases Day book Sales Day book Purchases Returns Day Book Sales Returns Day book Cash Book Cheques Journal Petty Cash Book The Journal

Sales Day Book

Date Invoice # Customer Ref Total € Sales € VAT €

Dr Receivables Cr Sales Cr VAT

Purchases Day Book

Date Invoice # Supplier Ref Total € Purchases€ VAT €

Cr Payable Dr Purchases Dr VAT

Sales Returns Day Book

Date Cr Note # Customer Ref Total € Sales Returns € VAT €

Cr Receivables Dr Sales Returns Dr VAT

Purchases Returns Day Book

Date Cr Note # Supplier Ref Total € Sales € VAT €

Dr Payable Cr Purchases Returns Cr VAT

Date Payee

Cheques Payments Book

Chq # Total € Payables € Purchases € VAT € Wages € Electricity € Disc Received €

Cr Bank Dr Payables Dr Wages Dr Cash Purchases Dr VAT Dr Electricity Dr Creditors Control and Creditor A/C, Cr Discount Received A/C

Cash Receipts Book

Date Details Ref Total € Receivables € Cash Sales € VAT € Dis Allowed

Dr Bank Cr Receivables Cr Cash Sales Cr VAT Cr Debtors Control and Debtors A/C, Dr Discount Allowed A/C

Journal

Dr …A/C Cr …A/C DR X Being the ……………………………………………… CR X