list the activities recorded under Journal entry.
Answers
Answered by
0
Activities recorded under Journal entry
Explanation:
- A journal entry is a record of the business transactions in a company's accounting books. A properly documented entry in the journal consists of the correct date, sums to be debited and credited transaction description and unique reference number.
- The first step in the accounting cycle is an entry to a journal. A journal details all of a company's financial transactions and makes a note of the affected accounts. An entry to a journal has equal amounts of debit and credit.
Similar questions
English,
4 months ago
Social Sciences,
4 months ago
English,
9 months ago
Math,
11 months ago
Math,
11 months ago