Question

explain five uses of journal in bookkeeping

​

Answer 1

Answer:

• Reconciling accounts and transferring information to other accounting records is done using the information recorded in a journal. When a transaction is recorded in a company's journal, it's usually recorded using a double-entry method, but can also be recorded using a single-entry method of bookkeeping.

$\\ \\ \\ \\ \sf \colorbox{gold} {\red(ANSWER ᵇʸ ⁿᵃʷᵃᵇ⁰⁰⁰⁸}$