英语翻译The journal is the chronological record of business tran
英语翻译
The journal is the chronological record of business transactions.The journal is sometimes called the book of original entry.The journal records the transactions day by day and shows an explanation of each transation.Companies that are faced with larger numbers of transaction every week or every day must have a more efficient and economical way of recording transactions in the journal.The way is to use the special-purpose journal.Special-purpose journals consist of purchases journal,sales journal,cash receipts journal,and cash payment journal.Those businesses that have few transactions per day may set up only one type of journal.The process of recording transactions is called journalizing.In this book,we use general journal to explain the process of journalizing and posting.