Accountancy, asked by abhishek673080, 11 months ago

recording of business transactions

Answers

Answered by khushisiwach

0

If business transactions are in terms of money then , they are noted in ORIGINAL BOOKS OF ENTRY JOURNAL .

Answered by Keshavgoyalpatiala

4

Answer:

Recording business transactions is a multi-step process. The first step in recording business transactions is to examine the transaction and decide what accounts will be affected. ... A journal, which is also known as a book of original entry, is the first place that a transaction is written in accounting records.

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