Best General Journal Entries Examples images
General Journal Entries Examples. This is because all of this book initially records all of the business's financial transactions before moving into other books. The journal is the point of entry of business transactions into the accounting system.
The journal is then posted to the ledger accounts at the end of the period.
These are just a few examples of accounting journal entries for a small business.
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This is because all of this book initially records all of the business's financial transactions before moving into other books. Today the general journal is used to record adjusting entries and transactions other than Next, the amounts in the general journal must be posted to the specified accounts in the general ledger. All companies earn some sort of revenue, so let's look.