Journal, Ledger & Trial Balance (Financial Accounting) – Practical Problems and Solutions
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 […]