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and how much 3. Make Journal entries – record the transaction in the journal as both a debit and a credit o journals are kept in
you'll find it. Posting a journal entry incorrectly to the general ledgerAll transactions start as journal entries
make journal entries
all transactions start as journal entries. If you get that wrong
then this is where things start to get tedious. (Hopefully your hunt doesn't get this far.) Compare your journal entries against
Learn Accounting and how to decide the right account titles in journal entries
performing journal entries) and also serves as the title for each ledger. All the accounts will be filed under one of five categ
and the general journal4. Post to ledger – transfer the journal entries to ledger accounts o ledger is kept by account o ledger
entries