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    runkinfool2001's Avatar
    runkinfool2001 Posts: 6, Reputation: 1
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    #1

    Mar 9, 2007, 07:28 AM
    General Journal
    What all goes in to the general journal?
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Mar 9, 2007, 01:23 PM
    Have you learned about the 5 journals, or still just one the 1, general journal?

    If the answer is, what 5 journals? Then put all transactions in the general journal.

    If in fact you know what I am talking about…

    1) cash receipts journal (put all journal entries that involve the receipt of cash into here)
    2) cash disbursements journal (all JE where cash is being PAID out)
    3) Purchases Journal (all purchases made, put those JE in here)
    4) Sales Journal (all sales)
    5) General Journal (whatever doesn't fit into the above 4)
    runkinfool2001's Avatar
    runkinfool2001 Posts: 6, Reputation: 1
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    #3

    Mar 9, 2007, 07:33 PM
    We have learned about these journals too. I did figure out that you divide everything up in to the 5 journals. So the only thing that goes in the general journal is what does not fit in the other journals. Other than your adjusting entrées and closing entrées.
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #4

    Mar 9, 2007, 08:49 PM
    Pretty much, yes
    malage1992's Avatar
    malage1992 Posts: 2, Reputation: 1
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    #5

    Sep 30, 2011, 04:25 PM
    Don't know
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