Question

When business transfers summarised information from the subsidiary journals then they transfer every month to the?

Answer 1

Answer:

In order to put together all of the accounting and bookkeeping elements a company will do, and understand how all of these elements work together--we need to understand the actual bookkeeping process; that is, the exact mechanical process to keep sales, expenses, revenue, and income documented in all the right places so that we can provide accurate financial statements in a timely manner. To do this, we need to understand the accounting structure.

if this was helpful then please follow me