Purchases Journal

The Purchases Journal is a special journal designed to record a single type of frequently occurring transaction — in this case, credit purchases. This tutorial cover the concept of the purchases journal from the original transactions through the posting process. Continue reading

Cash Receipts Journal

The Cash Receipts Journal is a special journal designed to record a single type of frequently occurring transaction — in this case, cash receipts. This tutorial will cover the concept of the cash receipts journal from the original transactions through the posting process. Continue reading

Sales Journal

The Sales Journal is a special journal designed to record a single type of frequently occurring transaction — in this case, credit sales. This tutorial covers the concept of the sales journal from the original transactions through the posting process. Continue reading

Debits and Credits

The most critical concept for any accounting student to master is an understanding of debits and credits. Many textbooks can be confusing, but this tutorial should put you on the right path. Continue reading

My Accounting Cycle: Flash Cards

Use these flash cards to practice your grasp of debits, credits, the journaling process, and other terms associated with the accounting cycle. Continue reading