check register
Accounting
Accounting
Could you demonstrate on how to record transactions
we can also record cash transactions too
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Accounting
Accounting
Could you demonstrate on how to record transactions
The record you receive from a bank once a month that details all your transactions is called a bank statement. This document summarizes all deposits, withdrawals, and other transactions in your account for the month, along with your account balance. It serves as an important tool for tracking your financial activity and managing your budget.
we can also record cash transactions too
You record basically how your feelings are.
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CBX uses blockchain technology to securely record and verify cryptocurrency transactions. It employs encryption techniques to protect user data and ensure the integrity of the transactions. This helps to facilitate efficient and transparent transactions in a decentralized manner.
Journal
Recording phase of accounting is to record the transactions into journal after transactions occured.
A sales journal is used to record all sales transactions made by a company. It helps track sales revenue, monitor the performance of salespeople, and provide a detailed record for financial reporting and analysis.
It is termed as Journal entry.