What is journal ? What is the importance of journal ?
Answers
Answer:
A journal is a detailed account that records all the financial transactions of a business, to be used for the future reconciling of accounts and the transfer of information to other official accounting records, such as the general ledger.
A journal can be an important tool to track important decisions in your life. It's a natural chronological record of your progress and can allow you to remember the reasons behind your decision-making for those all-important life events.
Answer:
Q 1- A journal is a detailed account that records all the financial transactions of a business.
Q 2- A journal can be an important tool to track important decisions in your life. It's a natural chronological record of your progress and can allow you to remember the reasons behind your decision-making for those all-important life events.
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