The books of prime entry, the ledgers, and posting transactions through the system.
Books of prime entry
Transactions are first recorded in day books before posting to ledgers:
| Book of prime entry | Records |
|---|---|
| Sales day book | credit sales |
| Purchases day book | credit purchases |
| Sales returns day book | returns from customers |
| Purchases returns day book | returns to suppliers |
| Cash book | cash and bank receipts/payments |
| Petty cash book | small cash payments |
| The journal | other entries (e.g. corrections, year-end) |
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