What is meant by journalizing?
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Journalizing is the practice of documenting a business transaction in accounting records. ... Every business transaction is recorded in a journal, also known as a Book of Original Entry, in chronological order. It is a process initiated each time a transaction occurs.
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Journalizing is the practice of documenting a business transaction in accounting records. ... Every business transaction is recorded in a journal, also known as a Book of Original Entry, in chronological order. It is a process initiated each time a transaction occurs.
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