The given statement is False.
Credit sales of goods are entered in sales journal.
Sales journal is used for recording all the sales done on credit by the business. It is also known as Sales Daybook or Sales Journal. The credit sales transactions are recorded for only those goods that belong to the core business operations of the company.
Cash journal is also known as a cash book which records all the cash transactions such as payments and receipts of the business. Cash book serves the purpose of a ledger as well as a journal as payments and receipt entries are recorded on credit side and debit side, respectively.