some feature of journal
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Features of Journal Entries
Chronological: The journal entries are to be recorded in a date-wise sequence or order in which the transactions happen. Double Entry System: It is a dual entry system where every transaction is equally entered on both debit and credit sides.
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Important Chracteristics of Journal
Book of Original Entry. Journal is a book of first entry or original entry. ...
Chronological Order. ...
Complete Information. ...
Sequential Control. ...
Standard Rules. ...
Types of Journal. ...
Recording of Transaction.
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