CENTURY 21 ACCOUNTING © Thomson/South-Western

CHAPTER 10CHAPTER 10

Journalizing Sales And Cash Receipts Using Special JournalsTerms-see page 268

CENTURY 21 ACCOUNTING © Thomson/South-Western

CHAPTER 10 OBJECTIVESCHAPTER 10 OBJECTIVES

Define terms-page 268Identify accounting conceptsJournalize cash receipts using a

cash receipts journalRecord sales returns and allowances

using a general journal

Journalize sales on account using a sales journal

CENTURY 21 ACCOUNTING © Thomson/South-Western

LESSON 10-1LESSON 10-1

Journalizing Sales on Account Using a Sales Journal

4

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 10-1

SALES TAXSALES TAX page 270

5

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 10-1

SALES OF MERCHANDISE ON ACCOUNTSALES OF MERCHANDISE ON ACCOUNT page 271

6

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 10-1

SALES JOURNALSALES JOURNAL page 272

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CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 10-1

SALES INVOICESALES INVOICE page 272

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CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 10-1

SALE ON ACCOUNTSALE ON ACCOUNT

11 22 33 44 55 66

page 273

November 3. Sold merchandise on account to Village Crafts, $540.00, plus sales tax, $32.40; total, $572.40. Sales Invoice No. 76.

1. Write the date.

6. Write the sales tax amount.

2. Write the customer name.

3. Write the sales invoice number.

4. Write the total amount owed by the customer.

5. Write the sales amount.

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CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 10-1

TOTALING, PROVING, AND RULING A TOTALING, PROVING, AND RULING A SALES JOURNALSALES JOURNAL page 274

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CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 10-1

TERMS REVIEWTERMS REVIEW

customer sales tax sales journal

page 275