Accountancy, asked by naveensahu9761, 2 months ago

What is journal ? What is the importance of journal ?​

Answers

Answered by sukhandeepk9039
10

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.

Answered by BrainlyViratKohliSr
5

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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