WAEC Accounting 2012 Paper

Books of original entry refers to the accounting journals in which business transactions are initially recorded. The information in these books is then summarized and posted into a general ledger, from which financial statements are produced.

The main books of prime entry are:

• Sales day book.
• Purchase day book.
• Sales returns day book.
• Purchases returns day book.
• Bank Book.
• Cash Receipts Book.
• Cash Payments Book.
• Petty Cash Receipts Book.