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When the size of business and number of transactions are large, recording of transactions in one journal will be inconvenient. It will also cause delay in collection and presentation of accounting information. Many of the transactions are repetitive in nature. If separate journals are maintained for recording transactions of a similar character, journalizing and posting will be easier and more convenient. For example, all cash transactions can be recorded in one ledger; all credit sales in another journal and so on.
What else can I help you with?
What are the features of a journal?
there are 2 types of journal. 1. general journal 2. speacil journal
Is a journal voucher also a journal entry?
No, These two are different. Journal vochar is document through which journal Entries are made in books of accounts
What are five special journals?
1 - Sales Journal 2 - Purchase Journal 3 - Cash Receipt Journal 4 - Cash Payment Journal 5 - General Journal
What is a purchase journal used for?
What is a purchase journal
Does the general journal have to balance?
Any journal has to balance.
What is Article 1 is subdivided into ten?
the articles are subdivided into ten sections
What trapezoid can be subdivided into four congruent right triangles?
An isosceles trapezoid can be subdivided into 4 right angle triangles.
What are the release dates for Subdivided - 2007?
Subdivided - 2007 was released on: USA: 3 January 2007 (TV premiere)
An order can be subdivided into?
Orders can be subdivided into either suborders or into families in the classification process.
How is a degree of longitude further subdivided?
A degree of longitude and latitude is further subdivided into minutes and seconds (units of arc, not time).
How is cultural geography subdivided?
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How is an euro subdivided?
It has 100 cents.
Carboniferous period was subdivided into what two periods?
The Carboniferous period is subdivided into the Mississippian and the Pennsylvanian periods.
Which body cavity can be subdivided into four quadrants and 9 regions?
The torso can be subdivided into four quadrants and nine regions.
Is the thorax subdivided superficially into four quadrants?
Is the thorax of the human body subdivided superficially into four quadrants?
What are Alaska's counties?
Alaska is not subdivided into counties.
Can a phylum be subdivided into several classes?
yes
