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Name Date THE SALES JOURNAL Objectives After completing this chapter, you should be able to:1. Record sales of merchandise on credit in a sales journal. 2. Total, prove, and rule the sales journal.3.
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The form sales journal is a document used to record all sales transactions made by a business.
All businesses, regardless of size or industry, are required to file form sales journal.
Form sales journal can be filled out manually or using accounting software. It requires information such as date of sale, customer name, product/service sold, quantity, and price.
The purpose of form sales journal is to keep track of sales transactions, monitor revenue, and help with financial reporting and analysis.
Information such as date of sale, customer details, product/service sold, quantity, and price must be reported on form sales journal.
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