Question

Give features of journal ​

Answer 1

Explanation:

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Answer 2

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• Chronological: The journal entries are to be recorded in a date-wise sequence or order in which the transactions happen.
• Daybook: The journal is a daybook which records everyday transactions
• Double Entry System: It is a dual entry system where every transaction is equally entered on both debit and credit sides. That is, one account is debited, and the other is credited for the same value.
• Assistant to Ledger: Journal entries serve as the base for all the other books of account like ledger since it is prepared from the information disclosed in the journals.
• Original Entry: The journal is the first books of account where a transaction is recorded, and therefore, its originality and authenticity can be maintained.

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Answer-By@Amani11