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welcome to contacts in this lesson were going to be looking at the sales journal were going to explain what it is look at the format for the sales journal and go through some examples in doing the sales journal in the example that were going to look at were going to ignore vat weve done another lesson where we take v18 into account youll find it in the link in the description below so what do we record in the sales journal well this is a journal used to record goods which is inventory stock or merchandise those are some words that might be used for goods that are sold on credit or on account so we only recording here goods that are sold on credit or on account so we do not record goods that are sold on cash okay were recording it if its sold on account or on credit and they might say on credit or on account which means the same thing and remember it has to be goods which is inventory stock or merchandise cash sales of goods or a sale of any other item such as fixed assets is no