Question

Write a format of journal? in account

Answer 1

A Journal entry is the first step of the accounting or book-keeping process. In this step, all the accounting transactions are recorded in general journal in a chronological order. The general journal is maintained essentially on the concept of double entry system of accounting, where each transaction affects at least two accounts.

Other names used for general journal are “journal book” and “book of original entry”.

Answer 2

Date | particulars | L.F | ₹ (Dr) | ₹ Cr |