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General journal

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    Kabineh Moses B.
    SL
    Kabineh Moses B.

    What is the difference between journal and cash book?

    Gabriel O.
    ML
    Gabriel O.

    The general journal is the place where records are first entred before it gets posted to the appropriate accounts and this recording transaction process is called journalising.

    Wendy C.
    AU
    Wendy C.

    General Journal entries record the depreciation of an asset then posted to in the Profit and Loss statement.

    Samuel F.
    ZA
    Samuel F.

    What is the difference between a general ledger and a general journal?

    Harrison A.
    AT
    Harrison A.

    General journal is called the book of original entry and the process of recording transactions in the journal is called journalizing.Tthe following are the steps for journalizing .T he year is recorded at the top of the page and the month is recorded on the first line in the first column of the date section and this information is repeated for every new journal. T he date of the first transaction is recorde in second column in the date section. etc.

    Harrison A.
    AT
    Harrison A.

    What is a general journal ?

    Zachary B.
    US
    Zachary B.

    What does the general journal have to do with balance day adjustments?

    Diamond T.
    US
    Diamond T.

    What is the difference between a general ledger and a general journal?

    Douglas R.
    US
    Douglas R.

    Automobile do depreciate.

    Ardian R.
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    Ardian R.

    Each transaction a company makes throughout the year is recorded in its accounting system. There are many different journals that are used to track categories of transactions like the sales journal, all company transaction are recorded in the general journal.

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