How is recording of business transactions in a journal being done?
ANSWER:✅✅
A business transaction is first recorded in a journal, also called a Book of Original Entry. Your journal keeps a record of all your business transactions, tracking them in chronological order, as they happen. Adding new journal entries is called journalizing.
A business transaction is first recorded in a journal, also called a Book of Original Entry. Your journal keeps a record of all your business transactions, tracking them in chronological order, as they happen. Adding new journal entries is called journalizing
Answers & Comments
How is recording of business transactions in a journal being done?
ANSWER:✅✅
A business transaction is first recorded in a journal, also called a Book of Original Entry. Your journal keeps a record of all your business transactions, tracking them in chronological order, as they happen. Adding new journal entries is called journalizing.
Answer:
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A business transaction is first recorded in a journal, also called a Book of Original Entry. Your journal keeps a record of all your business transactions, tracking them in chronological order, as they happen. Adding new journal entries is called journalizing