Define the meaning of Journal.
AccountancyClass 11CBSEAnswered 23 Jun 2026
Answer
Transactions are recorded in a rough book or various documents. On the basis of entries made in the rough book or on the basis of source documents, a voucher is prepared indicating the accounts to be debited and credited, which are then recorded carefully in a systematic manner. This book in which transactions are recorded chronologically is known as the Journal.
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