CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Posting from Journal

Answer in onc...

Question

Answer in once sentence only.

In which order the transactions are recorded in a journal?

Open in App

Solution

A Journal records the transactions in a chronological order, i.e. as and when they occur. Transactions of a business are recorded in the book of original entry on the basis of their occurrence from the source document.

Suggest Corrections

thumbs-up

0

Similar questions

Q. The accounting transactions are recorded in the journal in order.

Q. Which Transactions are recorded in journal proper ?

Q. Answer in one sentence only :

State the source document required for recording transactions in Sales book?

Q. Answer in one sentence only :

State the source document require for recording transactions in sales return book.

Q. Answer in one sentence only :

State the source document required for recording transactions in Purchase Return Book.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Journal, Ledger and Posting From Journal

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Posting from Journal

Standard XI Accountancy

Join BYJU'S Learning Program

CrossIcon