Cash receipts journal

Cash receipts journal
A journal used to record the transactions that result in a debit to cash.
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cash receipts journal
book used to record all transactions involving the receipt of cash. Examples are cash sales, receipt of interest and dividend revenue, collections from customer accounts, and cash sale of assets.

CASH RECEIPTS JOURNAL - is the journal for recording all cash receipts.
CASH RENT - In an agricultural lease, the amount of money given as rent to the landowner at the outset ...

cash receipts journal A special journal used to record all transactions in which cash is received.
cash sale A transaction in which the business receives full payment for the merchandise sold at the time of the sale.

Generally, the cash receipts journal will show a breakdown between fees received and expense reimbursements. The cash disbursements journal should show an allocation between regular overhead expenses paid and client costs paid.

ledger called the General journal to account for a periods changes, omissions or other financial data required to be reported "in the books" but not usually posted to the journals used for typical period transactions (the cash receipts journal, ...

Revenue by sources are recorded in the sales journal and cash receipts journal. Expenses by sources are recorded in the accounts payable journal and cash disbursements journal.

Thus, the company might have a special cash receipts journal. Any transaction entailing a cash receipt would be recorded therein.

Sales journal is used to record all sales of merchandise on account; Cash receipts journal is used to record only cash receipts transactions; Purchases journal is used to record only purchases of merchandise on account; ...

Journals other than the general journal. Special or specialized journals include the cash receipts journal, the cash disbursements journal, the purchases journal, and the sales journal.
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Special journals - Refers to a journal which records of original entry other than the general journal that are designed for recording specific types of transactions of similar nature, e.g. sales journal, Purchase Journal, cash receipts journal, ...

proof of cash is a reconciliation of the general ledger cash balance at both the beginning and end of a period, combined with a reconciliation of cash deposited for the period with the cash receipts journal, ...

See also: Disbursement, Expense, Values, Accounting period, Sales Revenue