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Here are the transactions recorded in the appropriate accounting prime books:
Step 1: Record cash transactions in the Cash Book.
The Cash Book records all cash receipts and cash payments.
\multicolumn3∣c∣CashBook−ReceiptsDateDec1Dec8Dec13\multicolumn2∣r∣TotalReceipts\multicolumn3∣c∣CashBook−PaymentsParticularsCapital(Newmembers)Sales(SavanaSchool)BankLoan(BK)130,000Amount(RWF)20,00010,000100,000\multicolumn2∣r∣TotalPaymentsDateDec194,000ParticularsPurchases(Kamera)Amount(RWF)4,000
Step 2: Record credit sales in the Sales Journal.
The Sales Journal (or Sales Day Book) records all goods sold on credit.
DateDec6Dec21\multicolumn2∣r∣TotalCreditSalesCustomerKamaliKwizera75,000Amount(RWF)20,00055,000
Step 3: Record credit purchases in the Purchases Journal.
The Purchases Journal (or Purchases Day Book) records all goods or raw materials bought on credit.
DateDec8Dec12Dec18\multicolumn2∣r∣TotalCreditPurchasesSupplierKarekeziKarekeziCalemera35,000Amount(RWF)10,00015,00010,000
Step 4: Record sales returns in the Sales Returns Journal.
The Sales Returns Journal (or Returns Inwards Journal) records goods returned by customers.
DateDec22Dec23\multicolumn2∣r∣TotalSalesReturnsCustomerKwizeraSavanaSchool22,000Amount(RWF)15,0007,000
These prime books accurately record all the given transactions.
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