Sales Journal VS Subsidiary Sales journal | Purchases Journal VS Purchases Subsidiary Journal

In Sales Journal, only credit sales or sales on account transactions are recorded while in Subsidiary Sales Journal an individual or one single customer's sales transactions (sales on account transactions) are recorded.

A sales journal is a Master Or Control Journal where all of the individuals or customers' subsidiary sales journal transactions are recorded collectively e.g., credit sales to Mr. A ($300) and to Mr. B ($500) are recorded in sales journal as shown below:

                         Accounts Receivable a/c  $800

                                                                   Sales a/c  800

                                                                                          (Sales On Account Recorded)

Similarly in Purchases Journal, only purchases on account are recorded and it is the control account and in this journal all the vendor's transactions, which recorded in subsidiary purchases journals, related to purchases on account are collectively recorded.