Business papers that show the nature of a transaction and provide all the information necessary to account for the transaction properly

customer Pre-numbered slip to ensure none are lost Nature of the transaction

Journal Entry for a Cash Sales Slip: DRCR Bank35.90 Sales35.90 Total for entry

Customer to be charged When payment is due Nature of transaction Preset serial number

Journal Entry for a Sales Invoice: DR CR A/R – S.&S. Boatworks Sales Total for entry

A till printout for Visa, Mastercard and Debit card transactions for one month

Journal Entry for POS Summaries DRCR Bank Sales Total for entry

Name of vendor credited in Account Payable General Engineerings Invoice number Shows how long Masthead Marine has to make payment

Journal Entry for Purchase Invoice: DRCR Equipment Repairs Expense A/P – General Engineering Total used for entry

Who the cheque is for Reference number Owners Signature Reference number is repeated on tear off portion Details of payment

Journal Entry for a Cheque Copy: DRCR A/P – Streling Spars Bank Total for entry = cheque total

Journal Entry for a Cash Receipts Summary: DRCR Bank A/R – A. Baldwin A/R – F Perri A/R – Pier 10 Marina801.72

Tells whether the account has been debited or credited Explanation Date of entry

Journal entry for a Bank Debit Advice: DRCR Bank Charges and Interest Bank A Bank Debit Advice advises the company that an expense has been debited.

If a company generates revenue from interest then a Bank Credit advice is used to notify them of the increase in their equity. Sample Journal Entry for a Bank Credit Advice: DRCR Bank43.76 Interest Earned43.76