Accountancy, asked by anand45rspdnpc9, 1 year ago

what is journalising

Answers

Answered by sami91
9
Hey there !

The journalizing process starts when a business transaction occurs. Accountants or bookkeepers must analyze each business transaction in order to understand what accounts are affected by the business transaction. ... Each journal entry is typically accompanied with a date and a description of the business transaction.

Hope it helps you !
Answered by no4
15

Thanks for your question !

For carrying on business transactions, recording of debit, or credit aspects is called Journalising.

In short, journalising is the recording of recording debits systematically for financial purposes.

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