0
The purposes of writing or keeping a personal journal or diary include:
- to keep a record of events in your life, by dated entries
- to record your thoughts
- to record your feelings, including conflicting feelings
- to explore your impressions and feelings about other people
- to explore how you see yourself
- to jot down ideas you have
- to remember the past, stay connected to the present, and dream your future
- to experiment with new writing styles
Wiki User
∙ 11y ago
Accounting journals are used to record financial transactions in chronological order. They serve as a detailed record of all financial transactions, making it easier to track and analyze financial data. Journals help in preparing financial statements, identifying errors, and providing an audit trail for external parties.
Wiki User
∙ 14y agoThe journal is most commonly used to record corrections to errors that have been made in writing up the general ledger accounts.
Wiki User
∙ 12y agoA journal can be used for many different things but the 3 most important things I would have to say would be for:
1. Diary Entries
2. Drawing
3. School Work
Add your answer:
Earn +20 pts
When was Journal of Accounting Research created?
Journal of Accounting Research was created in 1963.
What is Journal phase of accounting?
Journal phase of accounting is to journalize the business transaction in Journal as a first record in books of accounts.
What a journal?
A journal is a magazine. Or for accounting it is a ledger book.
Matching in accounting means to make an entry in the journal?
Matching" in accounting means to make an entry in the journal
What are the advantages and disadvantages of journal entries in accounting?
what is the disadvantages of general journal
What are the four special journals in accounting?
Following are four special journals in accounting: 1 - Sales Journal 2 - Purchase journal 3 - Cash receipt journal 4 - Cash payment journal
What is the basic summary device of accounting?
account or accounting equation
What are the uses of journals in accounting?
The journal is most commonly used to record corrections to errors that have been made in writing up the general ledger accounts.
What is the principal book of accounting?
Journal Book
What are the Uses of Accounting Package in Tally?
uses of accounting package
Why do you need to reverse a journal entry?
According to my understanding and my study in accounting, the reversal of journal entry merely is for the opening balances for a new year of accounting period
What is posting in accounting cycle?
Posting is recording in the ladgers information from journal. Posting is always from journal.
