Question

List the activities recorded under Journal entry​

Answer 1

Answer:

1. the entry date

2. any administrative authorization

3.the name of the person going to record the entry

4. the account in which the debits and credits are to be reported

Answer 2

The activities recorded under journal entry are described below,

Explanation:

• In manual, under the accounting or bookkeeping systems, the business transactions are first recorded in a journal. This is said to be journal entry.
• The list contains,

        - The appropriate date

         - The accounts and amounts that will be debited

         - The accounts and amounts that will be credited.

         - A short description / memo / reference

• In computerized accounting system, most of the business transactions are recorded into the general ledger accounts immediately.

To know more about journal entry,

1) What do you mean journal Entry? How you can create and edit a journal Entry?

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2) Cash sent to bank journal entry​

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