Question

Journal proper
records.​

Answer 1

Answer:

Journal proper is book of original entry (simple journal) in which miscellaneous credit transactions which do not fit in any other books are recorded. It is also called miscellaneous journal. The form and procedure for maintaining this journal is the same that of simple journal.

The use of journal proper is confined to record the following transactions:-

Opening entries

Closing entries

Transfer entries

Adjustment entries

Rectification entries

Entries for which there is no special journal

Entries for rare transactions

Explanation:

.