Define the Following Terms: Paul Gauguin

question 80

Short Answer

Define the following terms: Paul Gauguin

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Definitions:

Sales Journal

A specialized accounting ledger that records all sales transactions of a business, typically for goods or services on credit.

Cash Receipts Journal

A specialized accounting journal used to keep track of all cash inflows or receipts of a business.

General Journal

A comprehensive accounting ledger that records all types of financial transactions, before posting to specific accounts in the general ledger.

Expanded Purchases Journal

A detailed record used in accounting to track all purchase transactions, including more comprehensive data than a standard journal.