Debit book expense
Credit cash / bank
"Journal" is called as book of original entry because at the occurance of any business transaction, entry is first of all recorded in journal.
journal
Pokemon
1.cash book 2. bank book 3.general journal
The word journal has been derived from the French word "Jour" Jour means day. So, journal means daily. Transactions are recorded daily in journal and hence it has named so. As soon as a transaction takes place its debit and credit aspects are analyse and first of all recorded chronologically (in the order of their occurrence) in a book together with its short description. This book is known as journal. Thus we see that the most important function of journal is to show the relationship between the two accounts connected with a transaction. This facilitates writing of ledger. Since transactions are first of all recorded in journal, so it is called book of original entry or prime entry or primary entry or preliminary entry, or first entry. Farhad Rana (SMUCT)
Data entry book
Data entry book
"Journal" is called as book of original entry because at the occurance of any business transaction, entry is first of all recorded in journal.
Because it is prepared from the journal which is the book of "original entry".
journal
Pokemon
all you need is one pencil and one copisition book the formula is P*Ca journal entry this is your friendly formula for a journal entry. yours truly Jacob smith. ==
A journal is a book in which transactions are recorded in the order in which they occur i.e chronological order journal is called a book of prime entry or original entry because all the book transactions are recrded in this book the proceess recording transactions in joural is called journalizing.
Dear Journal
we start it with a date,write about the topic using ''I''
Debit bookCredit cash / bank
With what the date is. Or how your day went. Or what your feeling when your writing the journal. Or Dear, Diary