What is the meaning of Journal Ledger?
Answers were Sorted based on User's Feedback
Answer / nawazsharif.safi
Journal is the book of original entry because every
Transaction is first written in the journal and which it is
Posted to the ledger at any convenient time.
Is This Answer Correct ? | 14 Yes | 1 No |
Answer / arun kumar
journal is a preliminary book in which all the business
transation are first recorded in cronological order after
classifying them in debit and credit.
The classified information of all the business transation
is called ledger
Is This Answer Correct ? | 6 Yes | 2 No |
Answer / bhuvaneswari
Transactions are first entered in this book to show which accounts should be debited and which credited. Journal is also called subsidiary book. Recording of transactions in journal is termed as journalizing the entries.
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / narasinga ra o
JOURNAL ENTRY MEANING IT IS A INTERNAL ADJUSTEMENT ENTRY
Is This Answer Correct ? | 1 Yes | 2 No |
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