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Today in this article we are discussing about Journal Accounting Meaning, Definition, Nature, Importance, Objectives, Types, Process Meaning and Definitions of Journal Accounting Meaning and Definition: An accounting journal, commonly referred to as a book of original entry, is a chronological record of financial transactions. It serves as the first step in the accounting process, […]
Journal, Ledger and Trial Balance (Financial Accounting) In this article, we will discuss the basic concepts of financial accounting i.e. journal, ledger, and trial balance as per financial accounting rules. In this topic, we also cover how to prepare journal, ledger, and trial balance with practical problems and solutions. 1. JOURNAL Definition: In the accounting world, Journal […]
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