Journal Entry Flashcards

0
Q

Journal entry

A

Made up of all the accounting changes for one transaction

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1
Q

Journal

A

Specially ruled book in which accounting entries are recorded in the order in which they occur

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2
Q

Journal ozone

A

Process of recording accounting services

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3
Q

Appearance

A

2 money columns on for debit and the other for credit.. Other for dates and particulars

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4
Q

Year

A

Top left

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5
Q

Accounts recorded first

A

Bank loan and capital

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