Question

what is journal entries??

Answer 1

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=> Journal entry is the entry to the journal.

=> Journal is a record that keeps accounting transactions in chronological order i.e. as they occur.

=> Ledger is the record that keeps accounting transactions by account.

=> Account is a unit to record and summarize accounting transactions.

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Answer 2

Hi friend,

Journal entry is an entry to the journal.Journal is a record that keeps accounting transactions in one chronological order, i.e as they occur.

Ledger is a record that keeps accounting transactions by accounts....i hope it helps you


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