Distinction Between Journal and Ledger Homework Help

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Click on Here to Know How to Easily Solve Journal and Ledger Accounting Homework!

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What are journal and ledger books?
Generally speaking these are terms of accountancy, which might not be clear even to the biggest graduates. Hence, one can surely consult distinction between journal and ledgerhomework help to get the actual results.

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What is journal?
Journal is the book that is used for the original entry of accounting data. It is a regular record of transactions and is placed in a chronological order. It has certain subdivisions that help in keeping the whole thing organised.

What is ledger?
In this accounting book, transactions that are related to individuals or individual company are placed. This being a book of final entry is made by using the journal accounting book.

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Why is it important?
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