Typically, the accounts that are credited are placed first in a journal entry, followed by the accounts that are debited. The credit account is listed on the first line with the credit amount, and the debit account is listed below with the debit amount.
recording of business transaction in chronological order is a journal entry
[Debit] Computer Asset Account [Credit] Accounts payable account
Journal entry is required to record business transaction in books of accounts and without journal entry no business transaction can be recorded in books.
debit accounts receivablecredit sales revenue
When recording done as journal entry any business transaction is recorded in books of accounts and become part of business books of accounts.
Compound Entry
Parent company journal entry Debit cash | Credit accounts payable - rent Holding company journal entry Debit accounts receivable - rent | Credit cash
Debit accounts receivableCredit sales revenue
debit accounts receivablecredit sales
Debit accounts receivableCredit sales revenue
No, These two are different. Journal vochar is document through which journal Entries are made in books of accounts
Accounts Payable Cash/Bank/Goods etc