Accountancy, asked by MDwahidsidd3985, 1 year ago

Explain the meaning of term journal and state its significance

Answers

Answered by aliza04
2
hi
here is your answer

A JOURNAL IS A DETAILED ACCOUNT THAT RECORDS ALL THE TRANSACTIONS OF A BUSSINESS TO BE USED FOR FUTURE
RECONCILING AND TRANSFAR TO OTHER OFFICIAL ACCOUNTING RECORDS ,SUCH AS THE GENERAL LEDGER.

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