Accountancy, asked by sortygupta1234, 10 months ago

state two uses of journal​

Answers

Answered by vibhamalviya8
1

DEFINITION OF JOURNAL ::::

Journal is that book of original record in which the Businessman record daily transactions in chronological order with explanation and details of the account debited and credited with the amount of the transactions.

Journal is a detailed account that records all the financial transactions of a business, to be used for future counselling of and transfer to other official accounting records, such as the general ledger.

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Answered by dusmantalenka2
1
  1. If we would recognize to journal in your banking account than then it would be helpful to keep General your transaction safe.
  2. General journal are also magazine and newspaper that helps you to stay update.

.Sorry for grammatical mistakes

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