because it is the only subsdiary book where proper journal entries are passed . those entries which could not have been passed in any other subsdiary book because it is the only subsdiary book where proper journal entries are passed . those entries which could not have been passed in any other subsdiary book because it is the only subsdiary book where proper journal entries are passed . those entries which could not have been passed in any other subsdiary book
What is a popular or general journal called in English
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What is a popular or general journal called in English
Yes it is necessary to post all journal entries otherwise no proper books of accounts will be maintained and no accurate financial information will be available.
Posting
The Journal Proper is the record both in which miscellaneous credit transactions are entered that do not fit in other books. It is also called the Journal Residual or the General Journal.
Yes.
A journal is a chronological record of financial transactions, organized by date. Journal proper refers to the book of original entry where miscellaneous transactions that do not fit in any other specialized journal are recorded. In essence, the journal proper is a catch-all journal for transactions that do not have a specific journal category.
What is a popular or general journal called in English
Yes.
Yes, the word journal is a common noun, A proper noun would be the name of a journal, for example, The Journal of the American Medical Association.
A diary can also be called a journal.
In every business,all the transactions are recorded through the journal.one journal is sufficient to small business concerns to record all the transaction of the business.but in case of big concerns,the journal is sub-divided into various books i.e. Cash book,purchase book,sales book etc. and the transactions relating to the same group are recorded in one and respective book only.In addition to these books,journal is maintained for recording the transaction,not relating to any one of the above books.the book thus maintained is called Journal Proper.This journal proper is similar to the journal in ruling and form. sometimes,journal is sub-divided but all the books are not maintained.then in the journal proper,the transactions relating to the unmaintained journals are also recorded.
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What is a popular or general journal called in English
A scientific journal is also commonly referred to as an academic journal or a research journal.
In the Journal Proper