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Journal Entry in Bookkeeping and Accounting

A journal is that part of bookkeeping and accounting which records the financial transactions of a business organization. Bookkeeping starts with a journal and thus its maintenance is of great significance to a business’ accounting. This article discusses the following topics: What is a Journal? Single-Entry Bookkeeping Double-Entry Bookkeeping Use of Journal in Investment 1. … Read moreJournal Entry in Bookkeeping and Accounting