These books are:Ī journal is nothing but a book used for recording day-to-day financial transactions of a business organization. Generally, two types of books of accounts are used by organizations to record their business transactions. The books used by an organization for the purpose of recording financial transactions are known as books of accounts. Meaning & Concept of Journal EntriesĮvery business organization is required to record their financial transactions using different types of books. Let’s begin with knowing the meaning of journal entries.
For that, the following Journal Entries study notes have been prepared so that accounting aspirants find it much easier and quicker to understand the topic and prepare for the exams likewise. Accounting aspirants must be thorough with all the aspects related to journal entries.
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