Sales day books
Write up the sales day book and the sales returns day book with VAT, then post them to the general ledger and to each customer's account.
See the first roomHow to write up a sales day book with VAT
Rooms in this module
How this works
Each room answers one problem. A task is a few lines of reading, then questions you answer in the books: post to an account, type a figure, sort, match or write a journal. Every answer is marked at once, with the rule behind it. There are no videos.
Words in this module
- Day book
- A day book is a book of prime entry that lists credit sales or credit purchases, one line for each invoice.
- General ledger
- The general ledger holds the accounts for assets, liabilities, capital, income and expenses. The double entry is made here.
- Sales ledger
- The sales ledger holds one account for each credit customer. It shows who owes the business money, and how much.
Questions
How many rooms and questions are in Sales day books?
5 rooms and 40 questions. Every question is marked at once.
How long does it take?
About 42 minutes in all. A room takes 8 to 9 minutes, so you can do one at a time.
Is it free?
No. These rooms need Premium. Each room shows the start of its first task before you pay.
What should I do first?
Coding and the ledgers. It is the module before this one in Business documents and transactions.