PREPARATION FOR SALES AND PURCHASES JOURNALS
Sales journal
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Date : Record the date of each sale transaction.
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Customer : Note the customer's name or account number.
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Invoice Number : Assign a unique invoice number to each sale.
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Items Sold : List the products or services sold in detail.
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Quantity : Specify the quantity of each item sold.
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Unit Price : Record the price per unit of each item sold.
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Total Amount : Calculate and record the total amount for each sale transaction.
purchases journal
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Date : Record the date of each purchase transaction.
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Vendor : Note the name or account number of the supplier.
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Invoice Number : Assign a unique invoice number to each purchase.
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Items Purchased : List the goods or services purchased.
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Quantity : Specify the quantity of each item purchased.
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Unit Price : Record the price per unit of each item purchased.
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Total Amount : Calculate and record the total amount for each purchase transaction.
