Sales on credit is recorded in which of the following journal? A. Purchase journal B. Sales journal C. Purchase return journal D. Sales return journal

Purchase journal
Sales journal
Purchase return journal
Sales return journal

The correct answer is B. Sales journal.

A sales journal is a book of original entry used to record sales of goods or services on credit. It is a chronological record of all sales made by a company, including the date of sale, customer name, amount of sale, and terms of payment.

A purchase journal is a book of original entry used to record purchases of goods or services on credit. It is a chronological record of all purchases made by a company, including the date of purchase, vendor name, amount of purchase, and terms of payment.

A purchase return journal is a book of original entry used to record the return of goods or services that have been purchased on credit. It is a chronological record of all returns made by a company, including the date of return, vendor name, amount of return, and reason for return.

A sales return journal is a book of original entry used to record the return of goods or services that have been sold on credit. It is a chronological record of all returns made by a company, including the date of return, customer name, amount of return, and reason for return.

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