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Читать полностью…1. Sales Day Book
The Sales Day Book, also known as the Sales Journal, is a record that captures all credit sales transactions made by a business during a specific period. It typically includes details such as the date of sale, invoice number, customer name, and the amount sold. This book helps in tracking sales on credit and serves as a source document for posting entries to the sales ledger.
2. Sales Ledger
The Sales Ledger is a subsidiary ledger that contains individual accounts for each customer who has purchased goods or services on credit. It provides detailed information about each customer's transactions, including amounts owed, payments received, and outstanding balances. The sales ledger helps businesses manage their accounts receivable and track customer payment histories.
3. Sales Control Account
The Sales Control Account is a summary account in the general ledger that aggregates the total sales recorded in the Sales Day Book and reflects the total amount owed by customers from the sales ledger. It provides a quick reference to the overall sales performance and outstanding receivables without needing to look at individual customer accounts. The balance in the sales control account should match the total of all individual customer balances in the sales ledger.
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Sales day book, sales ledger, sales control account. Anyone please explain about this
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