Accountancy, asked by UtkarshSinghShrinet1, 5 months ago

Explain the essential features of Journal.

Answers

Answered by Anonymous

Answer:

Features of Journal Entries

Chronological: The journal entries are to be recorded in a date-wise sequence or order in which the transactions happen. Double Entry System: It is a dual entry system where every transaction is equally entered on both debit and credit sides.

Answered by Anonymous

Answer:

Features of Journal Entries

Features of Journal EntriesChronological: The journal entries are to be recorded in a date-wise sequence or order in which the transactions happen. Double Entry System: It is a dual entry system where every transaction is equally entered on both debit and credit sides.

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