what so u mean by the term journal
Answers
Answer:
A journal is a collection of articles (like a magazine) that is published regularly throughout the year. Journals present the most recent research, and journal articles are written by experts, for experts. They may be published in print or online formats, or both.
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.
The seven important types of journal entries used in accounting:-
(i) Simple Entry,
(ii) Compound Entry,
(iii) Opening Entry,
(iv) Transfer Entries,
(v) Closing Entries,
(vi) Adjustment Entries,
(vii) Rectifying Entries.
Hope it helps...
Do mark as brainlist...