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JSS3: AGRICULTURAL SCIENCE - 1ST TERM

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  1. Packaging Criteria I | Week 1
    2 Topics
  2. Packaging Criteria II | Week 2
    2 Topics
  3. Criteria for Selecting Materials for Packaging Agricultural Produce | Week 3
    4 Topics
    |
    2 Quizzes
  4. Pricing & Advertising | Week 4
    6 Topics
  5. Marketing in Agriculture | Week 5
    3 Topics
    |
    2 Quizzes
  6. Farm Records & Book Keeping | Week 6
    3 Topics
  7. Types of Farm Records | Week 7
    9 Topics
  8. Computer-Aided Farm Records and its Benefits | Week 8
    3 Topics
  9. Farm Accounting and Bookkeeping | Week 9
    6 Topics
    |
    1 Quiz



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Topic Content:

  • Definition of Journal
  • Types of Journals

A journal is a document which contains the daily records of events or business transactions. It is called a book of original entry because they are transferred into a second book.

It is used in;

a. The opening of new books of accounts,
b. The correction of errors made in the book of accounts, and
c. The credit purchase or credit sales of business property.

Types of Journals:

Types of journals can be listed as follows:

i. General journal
ii. Sales journal
iii. Purchases journal
iv. Returns Inwards Journal
v. Returns Outwards Journal

(i) General Journal:

Here, all daily farm business transactions are recorded, both sales and purchases.

It shows:

  • the date
  • the name of the account to be debited and amount;
  • the name of the account to be credited and amount; and
  • a description of the transaction.

Example of a general journal of Ajilaran Farms Limited:

general jurnal 5

(ii) Sales Journal:

Here, all credit sales are recorded. It is usually summed up periodically and posted to the credit side of the sales account.

Example of sales journal of Ajilaran Farms Limited:

 

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