Special Journals are used to group and record transactions of a like nature.

Charge sales are recorded in the Sales Journal and also the customer's Subsidiary Ledger.

The Accounts Receivable Control Account provides you with information on how much each customer owes you.

Monthly totals from your Special Journals are posted to the General Journal.

You can modify your Special Journals and provide any columns you want or need for your business.

At the end of an accounting period entries called Closing Entries are made in the General Journal to prepare the books for a new period.

Special Journals allow a business to divide up the work among different employees.

Purchases On Account are recorded in the Purchases Journal and Supplier's Subsidiary Ledger.

The Accounts Receivable Subsidiary Ledger provides you with information on how much each of your customers owe you.

The General Journal is normally used to record infrequent, unusual, or adjusting entries.

Invoiced (billed) on account a customer for services you provided.

Received an invoice from a supplier (on account) for 20 new computers.

Closing Entries are recorded in what special journal ?

Billed (invoiced) on account our customer for ten computers.

Recorded monthly bank charges from bank statement.

Returned 2 defective computers to supplier (charge purchase).

Sold 2 computers to a customer who paid cash.

Received a check from a customer who owed you for a charge (on account) sale.

Hired two new sales clerks.

Received a bill (invoice) on account from a supplier for maintenance services.

Wrote a check to the bank for a monthly loan payment.

Received a monthly utility bill and immediately wrote a check.

Adjusting and Closing Entries are recorded in what Special Journal ?

Received a contract to sell 10 computers to a new customer.