Slide 1Special Journals: Sales and Cash Receipts Making Accounting Relevant In a merchandising business, revenue from sales fuels business operations. Making Accounting Relevant…

Slide 1 Special Journals: Sales and Cash Receipts Chapter 16 Slide 2 Using Special Journals ▫Special journals have amount columns that are used to record debits and credits…

CHAPTER FIFTEEN THE SALES JOURNAL McGraw-Hill/Irwin Accounting Fundamentals, 7/e © 2006 The McGraw-Hill Companies, Inc., All Rights Reserved. 1. Record sales of merchandise…

Contents Chapter 1 Accounting in Action 2 Feature Story: Knowing the Numbers 2 What Is Accounting? 4 Three Activities 4 Who Uses Accounting Data? 5 The Building Blocks of…

xviii Contents Chapter 1 Introduction to Financial Statements 2 Knowing the Numbers 3 Forms of Business Organization 4 Users and Uses of Financial Information 6 Internal…