The sales journal is used to record credit sales of merchandise. The cash receipts journal is used to record the cash a business receives.

• Identify the special journals and explain how they are used in a merchandising business.

• Record transactions in sales and cash receipts journals.

• Post from the sales and cash receipts journals to customer accounts in the accounts receivable subsidiary ledger.

• Foot, prove, total, and rule the sales and cash receipts journals.

• Post column totals from the sales and cash receipts journals to general ledger accounts.

• Prepare a schedule of accounts receivable.