Purchases Journal
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MERLOT II




        

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Purchases Journal

        

Purchases Journal

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The Purchases Journal is a special journal designed to record a single type of frequently occurring transaction -- in this case, credit purchases. This tutorial covers the concept of the purchases journal from the original transactions through the posting process.
Material Type: Tutorial
Technical Format: Flash
Date Added to MERLOT: March 21, 2008
Date Modified in MERLOT: May 28, 2010
Author:
Submitter: Rudy Lopes
Keywords: special journal, accounting cycle, accounting

Quality

  • Reviewed by members of Editorial board for inclusion in MERLOT.
    Editor Review
    Good quality material; may be reviewed
    avg: 4 rating
  • User review 3 average rating
  • User Rating: 3 user rating
  • Discussion (1 Comment)
  • Learning Exercises (none)
  • Personal Collections (1)
  • Accessibility Info (none)

About

Primary Audience: High School, College General Ed, College Lower Division, College Upper Division, Graduate School, Professional
Mobile Compatibility: Not specified at this time
Language: English
Cost Involved: no
Source Code Available: no
Accessiblity Information Available: no
Creative Commons: unsure

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Avatar for Nikhil Murali
5 years ago

Nikhil Murali (Student)

The module explains the concept of a Purchases Journal well but the lack of practical examples downgrades its importance from a teaching tool to a mere revision aid. It might be useful for a student to peruse right before an exam, but will not be useful as a teaching tool.